$BNB /USDT is flashing major oversold signals right now! 🚨
Price has dumped hard to ~$752-753 (down -6.6% in 24h), hitting fresh lows after breaking below key support. But look closer:
RSI(14) at 24.38 — deeply oversold territory screaming potential reversal
RSI(6) even lower at 12.24 — extreme exhaustion on the downside
MACD deeply negative (-15.47) but histogram showing early signs of slowing momentum
Long/Short Ratio 3.19 with 76% Longs vs 24% Shorts — crowd is heavily positioned bullish despite the drop
Accumulated L/S at 2.64 (72% Longs) — smart money leaning long
Price hugging lower Bollinger Band (~DN 790 but current action way below), classic bounce setup
This looks like a classic capitulation dip on BNB — perfect storm for a sharp rebound!
TRADE IDEA: LONG
$BNB /USDT NOW!
Entry around current levels $750-755
Take Profit 1: $810 (quick scalp to upper BB/mid recovery)
Take Profit 2: $850+ (strong resistance flip target)
Stop Loss: $730 (below recent low for protection)
Risk-reward looking juicy — don't miss this potential bottom!
BNB has strong fundamentals on Binance ecosystem — dips like this are often bought aggressively.
Trade or buy
$BNB / $USDT Now! Follow & turn 🔔 on ✅ Let's catch the bounce! 💥
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