BNB is under pressure, dropping 2.58% in the last 24 hours, sliding from $869.40 to $843.20. After briefly topping out at $853.53, the price is now testing a key support level at $843.29. With a 24-hour low of $820.60, the selling pressure is evident — yet BNB hasn’t broken key support, signaling that the market could be entering a high-volatility consolidation phase.
📈 Volume remains strong at 462,151.02 BNB, indicating active participation despite the uncertain backdrop
🎯 Strategy Amid the Volatility
In these conditions, precision is key:
Below $843.29? A breakdown could accelerate losses toward $820.60, where buyers may look to re-enter.
Above $853.53? A breakout could reignite momentum, targeting the $869.40 zone.
📌 Risk Management Tips:
Longs: Use tight stops just below support.
Shorts: Watch for exhaustion near $820.60 for potential reversal setups.
This is a crucial inflection point for BNB. Stay nimble, stay protected.
#BNB #CryptoMarkets #BinanceSquare #MarketVolatility #TradingStrategy
