🔥
$BNB Slipping Lower! Buyers Silent, Bears in Charge 🐻📉
BNB/USDT | 15m Timeframe Analysis
📊 Technical Analysis:
Current Price: ~619.8 USDT
Support Levels:
619 – 618 (intraday low & immediate support)
Below this, next demand area around 605 – 600
Resistance Levels:
624 – 626 (minor pullback zone)
Strong resistance at 632 – 640 (MA(25) & MA(99) cluster)
📉 Indicators Reading:
Moving Averages:
Price trading below MA(7), MA(25), and MA(99) → strong bearish alignment
MA(7) sharply downward, showing strong selling momentum
Volume:
Red candles with increasing volume → distribution + weak dip buying
Momentum:
No bullish structure, lower highs & lower lows intact
😬 Market Sentiment:
➡️ Bearish (Short-Term)
BNB clearly downtrend mein hai. Buyers thakay huay lag rahe hain, jab tak strong bounce ya reclaim na ho, downside risk zyada hai.
🎯 Strategy (Discipline > Emotion):
Short-Term Traders:
Shorts only on pullback rejection near 624 – 628
Spot / Conservative Traders:
WAIT ⏳
Either wait for strong bounce confirmation from 600 zone
Or a break & hold above 632 before fresh longs
👉 Catching falling knife se better hai patience. Market hamesha doosra chance deta hai.
💬 Your Turn:
Kya aapko lagta hai BNB 600 tak ja sakta hai ya yahin se relief bounce milega? Comment mein apna view share karo 👇
⚠️ Disclaimer:
This post is for educational purposes only. Not Financial Advice (NFA). Always manage your risk.
$BNB #BinanceSquare #Write2Earn #BNB #BNBUSDT #CryptoAnalysis