$BNB
BNBUSDT: Fade or Fly? Bears Dare a Breakdown!
BNBUSDT is at 989.38, sliding under the 1,000 psychological barrier after repeated rejection near 1,018–1,020. MACD remains deep red, EMA is curling lower, and each bounce off support is met with stronger selling. All eyes are on the 980–985 zone: the highest-probability trade is a short if this weak floor finally buckles.
Entry: Go short below 980 on a decisive red candle and sharp rise in volume.
Target: 950 (next demand pocket and key round number support).
Stop Loss: Above 1,005 to avoid a snapback if support holds strong.
Let the market confirm weakness—don’t jump in until sellers clearly take control!
My View:
BNBUSDT has lost its bullish spark for now, with rallies only attracting more sellers. If 980 breaks with real momentum, expect an acceleration lower. But false moves are common in chop—stay patient, trade the confirmation, and always keep risk tight.
Disclaimer: This plan is for education only, not trading advice. Use your own judgment and protective stops every trade.