🚨 $BNB /USDT – Breakdown Warning or Bounce Incoming? ⚠️
$BNB is under pressure, currently trading at $665.50 (-0.23%), with RSI sitting near 34.50—oversold territory. The big question: will bulls defend support, or is more downside coming?
📊 Market Overview
📍 Current Price: $665.50 (▼ -0.23%)
📈 24h High: $677.47
❄️ 24h Low: $660.07
🔁 24h Volume: 156,003.08 BNB (~$104.63M USDT)
📉 RSI(6): 34.50 (Approaching oversold – potential bounce setup)
📊 Moving Averages:
• MA(7): $665.97
• MA(25): $670.86
• MA(99): $672.37
📊 Volume: 2.73K (Below MA(5) and MA(10), indicating weak buying interest short-term)
📈 BNB Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BNB Holds Above $660):
• Entry: Above $668
• Targets: $677, $685, $694+
• Stop-Loss: $652
🔹 Bearish Scenario (If BNB Breaks Below $660):
• Entry: Below $660
• Targets: $643, $633, $620
• Stop-Loss: $675
🔍 Technical Snapshot
⚠️ Price is below all major MAs = bearish bias
✅ RSI at 34.50 = nearing bounce zone
⚠️ Low volume = lacks conviction for recovery—watch for spikes
💡 Pro Tip:
🧠 Keep an eye on $660 support—if it breaks, things could turn ugly fast
🚀 For bulls, reclaiming $670 is critical to reverse the trend
📢 Are you buying the dip or waiting for confirmation?
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