$BNB ALERT: CRITICAL SUPPORT TEST! ๐
BNB/USD is currently facing some selling pressure. Price is down -1.80% today and trading below key Moving Averages (MA7 & MA25).
The Setup:
๐ป Bearish Signal: BNB is trading under the $634 resistance.
๐ Support Zone: If it breaks below $623, we might see a further drop toward $610.
๐ก Strategy: Wait for a bounce or a clear breakout above $645 before going long.
My Levels:
๐น Resistance: $640 - $650
๐ฏ Downside Target: $610 | $580
๐ Stop Loss (Shorts): $652
Keep a close eye on the market volume! Is it a dip to buy or the start of a dump? ๐๐