$BNB
#FOMCMeeting #ETHCorporateReserves #AmericaAIActionPlan
📊 Price Overview
Current Price: ₹799.89
24h Change: -3.61%
24h High / Low: ₹831.00 / ₹795.81
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📉 Moving Averages (MA) Analysis
MA(7): ₹803.04 (Short-term)
MA(25): ₹810.11 (Mid-term)
MA(99): ₹813.71 (Long-term)
🟡 Bearish Signal:
Price is below all three MAs → Downtrend confirmation.
MA(7) < MA(25) < MA(99) → Strong bearish momentum.
No crossover indicating a reversal yet.
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🕯️ Candle Patterns
Mostly red candles, lower highs, and lower lows → Consistent downtrend.
A small support zone appears around ₹795 (bottomed here multiple times).
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📈 Volume Analysis
Recent green volume spikes show some buying interest, but not enough to break resistance.
Volume MA(5): 13,986
Volume MA(10): 12,233
📉 Decreasing average volume → Weak buying conviction.
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🔍 Support & Resistance
Support: ₹795 – ₹792 (short-term, tested multiple times)
Resistance: ₹806 – ₹810 (MA and recent local highs)
Major Resistance: ₹831 (24h high)
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🧭 Trend Indicators
📉 Trend: Short-term Bearish
Below key moving averages
No bullish crossover yet
Recent lower highs and lows
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📌 Signal Summary
Indicator Signal
Price vs MAs Bearish
Volume Trend Neutral/Bearish
Candle Pattern Bearish
Support Zone ₹795 - ₹792
Resistance Zone ₹806 - ₹810
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✅ Tips / Strategy
1. Scalping Opportunity:
Range: ₹795–₹810
Buy near ₹795 support, sell near ₹810 resistance if volume rises.
2. Wait for Reversal:
Look for bullish crossover (e.g., MA(7) crossing above MA(25)).
3. Use Stop-Loss:
If buying near support, set SL around ₹790 to limit downside risk.
4. Confirmation Needed:
Do not enter long unless the price closes above ₹810 with strong volume.
