Market momentum just cooled off fast.
$BNB looked ready for another breakout, but sellers stepped in aggressively near 640 and completely shifted short-term momentum. That rejection was sharp, and right now buyers are trying to defend the 627–628 area.
The structure is still recoverable, but bulls need a strong bounce soon or bears could press harder.
Trade Idea:
🟢 Entry Zone: 627 – 629
🔴 Stop Loss: 623
🎯 Target 1: 633
🎯 Target 2: 637
🎯 Target 3: 642
Support sits around 627 while resistance remains heavy near 639–640. Momentum weakened after the rejection, but if buyers reclaim strength, a recovery move is still possible.
I’m cautious but watching closely for a rebound confirmation. Risk management matters here.
Let’s go on $BNB
BTCSurpasses$79K#MarketRebound #StrategyBTCPurchase EthereumFoundationUnstakes$48.9MillionWorthofETH