$BNB
🔍 Technical Analysis:
📊 Current Price: $661.54
📈 24h High: $664.85
📉 24h Low: $655.29
📉 DEMA (9): $662.08
🕒 15-Minute Timeframe
✅ Price tried to break above $664, faced resistance, and dropped back down.
⚠️ Currently, the price is below the DEMA (Double Exponential Moving Average) line — a bearish short-term signal.
📉 Candle Structure:
Strong rejection from the $664 level.
A series of red candles forming after an upward move.
Suggesting a pullback or minor reversal might be in play.
💡 Possible Trading Action:
🚫 No Entry for Now
Since the price is under DEMA ➡️ momentum is weakening.
Wait for confirmation like:
A green candle closing above DEMA 📈
Or a bounce from support around $659-$660
🛑 Avoid Long Position Until:
Price closes above $662.50 with strong volume.
Or DEMA starts turning upward again.
🟢 Scalp Opportunity?
Maybe! If price touches $658–659 zone with rejection wick 👉 a small scalp long could be tried 🎯 (but only with tight stop-loss).
⚠️ Final Verdict:
⚠️ Wait & Watch Mode 🕵️♂️
No clear trend yet — best to stay on the sidelines until stronger confirmation 🔄
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