🔥 $BNB
USDT BEARISH BREAKDOWN – WILL BULLS SURVIVE THIS SELL-OFF?
$BNB is currently trading at $647.34 (-0.85%), showing a strong bearish momentum on the 15m chart. After failing to hold above the key resistance near $660, price has broken down with heavy selling pressure and is now approaching its intraday support at $646.14. The sharp red candle indicates dominant sellers with no immediate reversal confirmation.
🔻 Key Levels:
Resistance: $652 – $660
Support: $646.14 (immediate), further downside below this level could extend towards $640
Current Price: $647.34
💥 Trade Setup (Short):
Entry: $648 – $650
Take Profit 1: $645
Take Profit 2: $640
Stop Loss: $653
📊 Market Outlook: The trend remains bearish on lower timeframes as sellers maintain control. A break and close below $646 will add to the bearish bias, targeting deeper supports. Bulls need to reclaim $652+ for any potential recovery.
⚠️ Risk Management:
Risk only 1-2% of your capital per trade
Wait for candle confirmations before entry
Always respect your SL to preserve capital during volatile moves
🚀 Stay disciplined and follow your strategy – consistency builds long-term profitability.
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buy and trade here on $BNB