🔥 BNB Market Update — Clean and Professional Analysis
$BNB is trading around $882, and the chart is telling a very simple story: the market is still under clear selling pressure. The price has been sliding ever since it rejected the $1,375 top, and right now BNB is sitting just above a very sensitive support zone.
Key Zones to Watch
Immediate Support: $870 – $880
This is holding, but it’s weak. If this breaks, downside opens fast.
Major Support: $820 – $830
If price drops here, buyers may step in for a short-term bounce.
Resistance to Break: $930 – $950
Until BNB closes above this range, the trend stays bearish.
Indicators
RSI (6) ~ 27: Oversold, but oversold doesn’t mean “buy blindly.”
MACD: Still in bearish momentum. Sellers are not done yet.
Volume: Weak buying volume, stronger selling pressure.
So What’s the Play?
Right now, this is NOT a breakout market. This is a patience and discipline market.
Smart Entry Zones (Only for disciplined traders):
First possible buy: $830 – $850 (safer but still risky)
Stronger entry: $780 – $800 (if market breaks down hard)
Safer Strategy:
Wait for a strong daily candle closing above $950.
That flips the momentum. Until then, it’s pure risk.
My Straightforward Take
Most traders lose money in zones like this because they try to “catch the bottom” emotionally.
But this chart isn’t bullish yet — not even close.
If you trade here without a stop-loss, you’re just gambling.
Trade with logic, not hope.