$BNB /USDT on the 15-minute chart. Let’s read it cleanly and practically.

What the chart is saying right now

Price: ~848

Context: Sharp intraday drop → bounce attempt

You had a strong sell-off down to 838.24, followed by a quick reaction bounce. That tells us buyers are defending this zone, but the recovery is still fragile, not confirmed yet.

Moving Averages (important)

MA(7): ~845.6 → price is slightly above it (short-term relief)

MA(25): ~848.3 → price is struggling right at this level

MA(99): ~854.6 → major short-term trend resistance

➡️ Structure is still below key MAs, so trend bias remains bearish to neutral unless reclaimed.

Volume Insight

Big red volume spike on the dump = panic selling / stop-hunt

Green volume on bounce is smaller → buyers reacted, but not aggressively yet

This usually means: relief bounce, not trend reversal (yet).

Key Levels to Watch

Support

842 – 838 → very important demand zone

If this breaks again → continuation down likely

Resistance

848 – 850 → immediate rejection zone (MA25 area)

854 – 856 → MA99 + previous breakdown area (strong supply)

Probable Scenarios

Scenario 1: Rejection (more likely)

Price fails at 848–850

Rolls back toward 842 → 838

Break of 838 opens 830–825

Scenario 2: Short-term recovery

Clean close above 850

Push toward 854–856

Rejection expected there unless volume expands strongly

Trading Bias (15m)

Scalpers:

Shorts near 850–855 with tight stop

Longs only near 840 support, quick in–out

Trend traders:

No clean long setup yet

Wait for reclaim & hold above 855

Bottom Line

This is not a bullish reversal yet.

It’s a dead-cat bounce / relief move after a sharp drop. Bulls need to prove strength above 855. Until then, rallies are selling opportunities.

$BNB