$BNB 🔎 Chart & Market Analysis:
• Price: 967.61 USDT, currently in a downtrend after rejecting from the 985.79 resistance.
• 24h Range: High 985.79 – Low 951.34 → price is near the lower-mid range.
• Candles: Consecutive red candles, showing strong bearish pressure after the earlier pump.
• Order Book:
• Bids: 26.88%
• Asks: 73.12% → Sell orders dominate, signaling bearish momentum.
• Volume: Strong on the sell side, confirming sellers in control.
• Indicators: Short-term trend looks bearish; price just broke below short support levels (around 970).
📉 Low Trade Signal:
This indicates continuation to the downside unless new buying support steps in.
• Immediate Support: ~964.95 (last bounce area). If broken, it may slide toward 960–955 zone.
• Resistance: ~973.50 then ~980 levels.
• Bias: Bearish in the short term (scalp trades can profit from shorts).
⚠️ Trading Plan (Not financial advice):
• Entry (Short): If price fails to reclaim above 970–973.
• Target: 960 / 955.
• Stop-loss: Above 975–977 zone to protect from reversal.
• Alternative (Long setup): Only if price holds 965 strongly and starts bouncing with volume back above 973.