📉 $BNB /USDT Signal Update (1H Chart)

💰 Current Price: $959.24

📊 24h Change: −3.31%

⚡ Trend: Short-Term Bearish

BNB
BNBUSDT
942.34
0.00%

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🔎 Market Snapshot

$BNB is showing bearish momentum after facing rejection near $1,008. Price has fallen below key moving averages (MA7, MA25, MA99), signaling continued downside pressure.

Traders are taking profits, and volume spikes confirm active selling interest.

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🧭 Key Technical Levels

🔺 Resistance Zones:

• $970 – $982 (short-term)

• $1,008 (strong resistance)

🟢 Support Zones:

• $957 (immediate)

• $940 – $930 (next support)

📉 MA Trend:

Price trading below MA(7), MA(25), MA(99) → confirms short-term downtrend

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💡 Trading Plan

🔻 Sell Entry (Short Zone): $965 – $975

🎯 Targets:

TP1: $950

TP2: $935

🛑 Stop-Loss: $985

🟢 Buy Setup:

Wait for breakout & close above $975 with strong volume for bullish confirmation.

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⚠️ Trader’s Note

$BNB

remains in a correction phase after a strong rally. Watch for support around $940–$950, where reversal chances may increase.

Stay alert for volume surges and confirm trend direction before entry.

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