$BNB is breaking down! The price has sliced through key support and is showing strong selling pressure.
· 📍 Current Price: $842.8
· 📉 24h Change: -5.47% (Heavy selling!)
· 🎯 Key Level Broken: Support at ~$840 (MA25 & MA7 confluence) is now RESISTANCE.
The Chart is Screaming SELL:
· Price is trading BELOW all key moving averages (MA7, MA25, MA99). This is a BEARISH stack.
· 24h Low of $833 is the immediate target. A break below this opens the floodgates.
· Volume is high (266M USDT), confirming the move is REAL.
My Action: SHORT / SELL
· Entry Zone: $838 - $842 (After a small pullback to resistance)
· Target 1 (TP1): $833 (24h Low)
· Target 2 (TP2): $825 (Next psychological support)
· Target 3 (TP3): $815 (Extended bearish sweep)
⚠️ STOP LOSS (SAFETY): $852 (Above the daily breakdown point and MA cluster).
Risk: High momentum move. Watch for a close below $833 for continuation.
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