🚨 $BNB /USDT – Support at $744 or More Drop Ahead? 🔥
$BNB is trading at $769.50 after hitting lows of $744.69 today. The price is sitting below key EMAs and nearing major support. Will bulls bounce back, or will bears take over? Let’s dig in.
📊 Market Overview
📍 Current Price: $769.50
📈 24h High: $782.20
❄️ 24h Low: $744.69
📊 Parabolic SAR: $738.86 (Uptrend weakening but not broken yet)
📉 MACD Trend:
EMA(7): $790.09
EMA(25): $815.70
EMA(99): $841.31
MACD: Bearish crossover with strong downside pressure
RSI (6): Near oversold territory, suggesting possible bounce
📈 BNB Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BNB Holds Above $744):
Entry: Above $770
Targets: $782, $790, $815
Stop-Loss: $744
🔹 Bearish Scenario (If BNB Breaks Below $744):
Entry: Below $744
Targets: $738, $720, $700
Stop-Loss: $770
🔍 Should You Hold or Sell?
✅ BNB needs to reclaim $790 quickly to regain bullish footing.
✅ Holding above $744 signals potential for a relief bounce.
❌ Trading below EMAs is a warning—downtrend may accelerate if $744 breaks.
💡 Pro Tip:
🚀 Volume spike + reclaim of $770 can indicate short-term reversal potential.
⚠️ If price gets rejected near $782 again, expect more downside testing.
📢 Are you loading up or staying cautious? Let’s talk in the comments!
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