$BNB
USDT BEARISH BREAKDOWN – BEARS PUSHING PRICE TOWARDS LOWER SUPPORTS 🐻⚠️
The recent 15-min chart of $BNBUSDT shows strong bearish momentum with a sharp breakdown candle, pushing price down to current levels near $646.23 (-1.84%). Sellers are dominating with weak bounces unable to hold above intraday resistance.
🔑 Key Levels:
Resistance: $652.00 – $656.00
Support: $644.50 (24h low) and below that next support near $640.00
Current Price: $646.23
📉 Trade Setup (Short):
Entry: $647.00 – $650.00
Targets:
TP1: $644.50
TP2: $642.00
TP3: $640.00
Stop Loss: $653.00 (above resistance zone)
📊 Market Outlook: BNB has broken its micro consolidation support with a powerful bearish candle, indicating continued downside pressure unless price reclaims $652+ swiftly. If weakness persists, further dips towards $640 support region are likely.
⚠️ Risk Management: Always use tight stop-loss, avoid over-leveraging, and risk only 1-2% of portfolio per trade to protect capital during volatile moves.
💬 Do you think BNB will hold above $640 or break further down? Share your view below!
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buy and trade here on $BNB