$BNB is facing strong selling pressure and is in a clear corrective downtrend...**
It has broken below key moving averages and the trend looks weak in the short term... You can consider a SHORT on a pullback, with a target at $775.00 or lower
Key Observation:
The structure has turned bearish with lower highs and lower lows. Any bounce towards resistance (around $800–$810) is likely to be sold into unless a strong reversal pattern forms.
Trade Idea:
· Action: SHORT on any pullback toward resistance.
· Entry Zone: $785.00 – $792.00
· Target 1: $784.00
· Target 2: $782.00
· Stop Loss: Above $804.00
Always do your own research and manage your risk—especially in high-volatility moves like this.
BNBUSDT
Perp.
762.05
-0.71%