📊 $BNB /USDT – Market Analysis & Forecast
BNB is currently trading at $814.11, down 3.61% over the past 24 hours. Price action shows rejection near the $853–$855 resistance zone, with sellers taking control. Short-term support is seen around $813–$814, followed by a stronger support zone near $800.
Key Technical Insights:
Trend: Short-term bearish pressure after failing to hold above $850.
Resistance Levels: $838 → $846 → $853.
Support Levels: $814 → $800 → $785.
Volume: Selling pressure outweighs buying interest, indicating potential further downside if $813 breaks.
Forecast:
If BNB holds above $813 and reclaims $830, a bounce toward $846–$853 is likely. However, a break below $800 could accelerate selling toward $785.
Trading Plan:
Bullish Scenario: Buy on break and close above $830, TP $846 / $853, SL $812.
Bearish Scenario: Short below $813, TP $800 / $785, SL $828.
