$BNB Market Update ๐ฅ
$BNB is currently trading at $1,280.01, showing a -0.85% decline in the last 24 hours. After hitting a local high of $1,324.74, the price faced strong resistance and retraced toward the $1,276 support zone.
On the 15-minute chart, a strong red candle confirms short-term bearish pressure following multiple failed bounce attempts between $1,305โ$1,316. This drop likely triggered several long liquidations, pushing the price closer to a key demand area that previously sparked a rebound.
๐ Trade Setup
Entry Zone: $1,275 โ $1,285
Target 1 ๐ฏ: $1,300
Target 2 ๐ฏ: $1,316
Target 3 ๐ฏ: $1,325
Stop Loss: $1,264
If BNB reclaims $1,300 with strong buying volume, it could confirm a short-term bullish reversal toward $1,325+.
However, failure to hold $1,275 may expose the price to deeper correction levels.#BNBmemeszn #Binance #WhaleWatch #BTCBreaksATH #BNBBreaksATH $BNB
