🔥 $BNB /USDT – Sharp Pullback Hits Support Zone: Will Bulls Defend?

$BNB is trading at $662.99 (-3.81%), slipping below the Bollinger Middle Band after rejection near the $691 resistance. With bearish MACD signals intensifying, the next sessions are critical for direction.

📊 Market Overview

Current Price: $662.99

24h High / Low: $691.35 / $652.19

24h Volume:

  BNB: 345,282.22

  USDT: $231.84M

📈 Technical Indicators

Bollinger Bands (20, 2)

  Upper: $686.97

  Middle: $669.36

  Lower: $651.75

  (Price nearing lower band—watch for potential support reaction)

MACD

  DIF: -5.36

  DEA: -4.61

  MACD: -0.76

  (Bearish momentum increasing)

📉 BNB Trade Setups

🔸 Bullish Scenario (Bounce Attempt)

  Entry: $660–$665

  Targets: $680, $691, $705

  Stop-Loss: $649

🔸 Bearish Scenario (Breakdown Continuation)

  Entry: Below $651

  Targets: $638, $623

  Stop-Loss: $668

⚙️ Market Analysis

✅ High liquidity – institutional activity possible

⚠️ MACD divergence signals continuation of sell pressure

✅ Lower Bollinger Band may provide short-term support

⚠️ Break below $651 could accelerate downside momentum

BNB bulls must reclaim $669 or risk deeper correction.

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$BNB

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