💡 BNB/USDT Trade Signal – Short-Term Caution 🚨
💵 Price: $651.74 (-0.32%)
📊 Key Levels:
Resistance: $652.83 (MA7) / $655.23 (MA25)
Support: $650.21 (MA99) / $648.98 (recent low)
📉 MACD Bearish: DIF (-0.57) below DEA (0.02), signaling downside momentum.
🔻 Volume: Weak (2.5K BNB vs. MA5 3.3K), indicating lack of conviction.
📌 Action Plan:
📉 Wait for a break below $650.21 (MA99) to consider short positions.
📈 Spot buyers: Hold for potential rebound if $648 holds support. Watch for MACD reversal and a volume spike for confirmation.
⚠️ Risk Alert: The range is tight, and volatility is low—trade small or consider staying on the sidelines. 🌫️