⚠️ $BNB /USDT Support Retest or Start of Breakdown? 🔍
$BNB is currently trading at $647.42 (-2.28%), hovering just above its 24H low of $645.04. Price action is weakening — but is it setting up for a bounce or deeper correction?
📊 Market Snapshot
• Current Price: $647.42
• 24H High / Low: $662.68 / $645.04
• 24H Volume: 270,336 BNB | 176.64M
📈 Technical Overview
• Support: $645 is the key zone to defend — a breakdown here could open further downside.
• Resistance: $662 – $670 is the next area bulls need to flip to regain momentum.
• Trend: Lower highs forming on the 4H — a bearish short-term structure unless reversed soon.
🎯 Trade Setup Risk-Controlled Bounce Play
• Entry Zone: $645 – $650
• TP1: $662
• TP2: $675
• TP3: $690
• SL: Below $640
💡 Pro Tip: If $BNB can hold $645 and print a bullish engulfing candle on volume — a relief bounce could follow. No confirmation = no trade.
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