$BNB /USDT – Bearish Pullback in Progress!
Momentum analysis: BNB has experienced a slight dip of 0.93% and is holding near its 24-hour low of 645.88. With moderate trading volume (236,334.87 BNB), a break below key support levels could signal further downward movement, while consolidation near current levels may lead to a potential rebound.
Long Setup:
Entry zone: 645.88–649.20
Targets:
T1: 650.03
T2: 652.95
T3: 654.83
Stop Loss: 645.45
Breakout confirmation level & key support:
Key support: 645.45
Breakout level: 650.03 (price crossing above this could signal bullish momentum)
Pro Tip for traders: Monitor price action around 645.45, as it could be a pivotal level for the next move. A strong bounce from this support could present a solid buying opportunity, while a break below could indicate further downside risk.
Relevant hashtags: #BNBUSDT #CryptoAnalysis #BearishPullback #CryptoTrading