$BNB /USDT SHORT 🔴

$BNB is facing intense selling pressure after failing to hold the $650 psychological resistance. The price has aggressively broken below the EMA(99) on the 1H timeframe, signaling a shift from a neutral to a bearish market structure. With the EMA(7) crossing below the longer-term averages, momentum remains firmly with the sellers as the price nears the local support at $628.

Market Statistics (24h):

24h High: $651.15

24h Low: $628.10

24h Vol (BNB): 88,099.35

24h Vol (USDT): 56.32M

Sentiment: Bearish. If the price fails to reclaim the $637 level, a deeper correction toward the $600 support zone is likely. Manage your risk carefully!

Trade Plan🎯

✅Entry Zone: $630.00 – $635.00

TP1: $615.50

TP2: $602.00

🛑Stop Loss: $648.50

Click to Trade $BNB

BNB

609.79

-2.67%