📉 $BNB
/USDT Strong Dump → Weak Recovery Phase
$BNB topped near 959 and entered a sharp bearish trend with heavy selling pressure. Price broke multiple supports and flushed down to the 570 zone, which acted as a strong demand area. From there, we saw a quick bounce, but the recovery is weak and volume looks limited.
Currently, price is consolidating below major resistance, forming a bearish continuation / weak rebound structure. This looks more like a dead-cat bounce unless $BNB reclaims higher levels.
Trend is still bearish on the daily timeframe.
Trade Setup (Short-Term Swing)
Bullish Scenario (Only if strength holds):
Entry: 620 – 640
Target 1: 700
Target 2: 760
Target 3: 820
Stop Loss: 580
Bearish Scenario (If rejection happens):
Entry: 650 – 670 (on rejection)
Target 1: 600
Target 2: 560
Target 3: 520
Stop Loss: 705
📌 Bias: Neutral → Bearish until price closes above 720+ on daily.
If you want, I can now convert this into a high-engagement Binance Square post style.
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