$BNB /USDT – BEARS TESTING CRUCIAL SUPPORT ZONE
BNB is struggling to hold the $800 psychological level after a steady decline from $815 highs. The price action shows consecutive lower highs and lower lows, signaling persistent bearish pressure. A breakdown below $798 could open the path toward deeper downside targets.
Trade Setup:
Entry (Short): 799 – 802
Take Profit 1: 794
Take Profit 2: 790
Stop Loss: 805
Market Outlook:
Momentum remains tilted to the downside with sellers dominating intraday moves. A sustained close below $798 will likely accelerate the bearish move, while any bounce needs to reclaim $805 to shift momentum.
