$BNB

$BNB/USDT – Bounce Incoming or Breakdown Brewing? 📉📈

$BNB is hovering at $661.73, slipping 1.22% in the last 24h. With RSI dipping below 26, is a relief rally coming—or are bears about to take full control? Let’s break it down 🔍

📊 Quick Market Snapshot

Current Price: $661.73

24h Range: $661.30 – $672.16

RSI(6): 25.51 – Oversold territory!

MA Levels:

MA(7): $665.32

MA(25): $666.81

MA(99): $662.07

Parabolic SAR: Still bearish

MACD: Awaiting crossover confirmation

📈 Trade Setups: Bulls vs Bears

🔹 Bullish Case (Reclaim Above $665)

Entry: $666+

Targets: $672 → $680 → $688

Stop-Loss: $653

🔹 Bearish Case (Break Below $653)

Entry: Below $653

Targets: $645 → $639 → $630

Stop-Loss: $666

⚖️ Strategy Insight

✅ RSI < 30: Signals oversold zone – watch for bounce setups

✅ MA(99) nearby: Crucial support zone

⚠️ Break below $653?