๐ฅ๐จ BNB DUMP ALERT! Is the Bear Market Back? ๐จ๐ฅ
BNB/USDC just took a painful 3.13% nosedive to $817.26! ๐ After hitting a 24h high of $847.35, the bears seized control, pushing the price significantly lower.
Trade here: $BNB
๐ What we're seeing:
A clear downtrend on the 15-minute chart.
EMA(12) at 823.07 and EMA(21) at 824.62 acting as resistance, confirming the bearish momentum.
Volume is relatively high on the downswings, indicating strong selling pressure.
๐ค What next?
The current price action suggests further downside is possible if support at $815 doesn't hold. Traders should exercise extreme caution. Could this be the start of a deeper correction or a quick shakeout before a rebound? Only time will tell! ๐ฌ
Trade here: $BNB
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