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$BNB Aggressive Breakdown! Bearish Momentum Loading... ๐จ
$BNB has taken a sharp dive, breaking down aggressively from its key structure! ๐ After a failed recovery attempt, the bears are clearly back in the driver's seat. ๐ป๐ซ
๐ Market Analysis:
Price faced a heavy rejection below the **EMA25** and **EMA99**, followed by a brutal impulsive drop from **$916 down to $867**. ๐๐ฅ Currently, we see some consolidation around **$880**, but the rebound looks incredibly weak. The 15m chart is screaming a bearish trend with consistent **lower-highs** and **lower-lows**. ๐๐
๐ Trade Strategy:
* **Entry Zone:** SHORT $880 โ $892 ๐ฏ
* **Target 1 (TP1):** $867 ๐ฐ
* **Target 2 (TP2):** $850 ๐
* **Target 3 (TP3):** $825 ๐
* **Stop Loss (SL):** $905 ๐
โ ๏ธ Key Level to Watch:
The bearish bias remains locked in as long as
$BNB stays under the **$900โ$905 EMA resistance**. ๐ก๏ธ Focus on **selling the pullbacks**โdon't get caught trying to long a counter-trend! ๐ซโ
Stay disciplined and watch those levels! ๐๐
#BNB_Market_Update #BNBREDPACKET #GoldSilverAtRecordHighs