🚨 BNB CRITICAL UPDATE: Is the $886 Support Holding? 📉
The momentum for $BNB has taken a sharp hit! After reaching a 24-hour high of $894.91, the price faced a heavy rejection, dropping directly to a local low of $886.53.
Technical Breakdown:
Bearish Pressure: The price is currently trading at $888.14, struggling below both the MA(25) and MA(99) lines on the 15m chart.
Volume Analysis:
We are seeing significant red volume spikes, indicating that sellers are currently in control of the short-term trend.
Key Levels:
Watch the $886.53 support zone closely; a break below this could lead to a further slide toward the $880 mark.
What’s your move?
🟢 Buying the bounce?
🔴 Waiting for $880?
Let me know your strategy below! 👇
$BNB
BNBUSDT
Perp
880.76
-1.32%
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