$BNB/USDT:
$BNB /USDT
š STRUGGLING BELOW $650 SUPPORT
šØ LOWER HIGH FORMED NEAR $668
š POTENTIAL FOR PULLBACK OR RANGE
Current Status:
BNB is currently trading at $648.50, down -2.68% on the day. The price dropped from a 24h high of $668.76 and touched a low of $639.01. Volume is strong (229K BNB / $150M USDT) indicating active participation during the sell-off.
Trade Setup:
š Short Bias While Below $655ā660
Short Entry: $650ā$655
Target 1: $639.00 (recent low)
Target 2: $620.00 (next major support)
Stop-loss: $666 (above recent rejection)
š© Long Setup (On Bounce Confirmation)
Entry: On strong bounce from $639.00 support
Target: $665ā$680
Stop-loss: Below $635
Market Outlook:
BNB is showing weakness below $650. If $639 support breaks, a deeper correction may follow. Watch for a consolidation pattern or bullish divergence before entering long. Until then, sellers are in control near resistance levels.
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buy and trade here on $BNB