๐จ $BNB / USDT: Potential Bearish Continuation? ๐จ
๐ Current Price: $784.78 (-0.02%)
$BNB is showing signs of bearish momentum, having dropped from a high of $793.00 to a low of $764.17. Itโs hovering near key support, and traders should be cautious of further downside pressure.
๐ Key Levels to Watch:
๐บ Resistance: $793.00 โ A breakout above this could push BNB toward $800.00 and beyond.
๐ป Support: $764.17 โ Holding above this keeps bullish hopes alive; a break below could trigger a slide toward $750.00.
๐/๐ Trade Setup:
๐ก Entry: $784.78
๐ฏ Targets:
1๏ธโฃ $789.00 (Short-Term)
2๏ธโฃ $793.00 (Mid-Term)
3๏ธโฃ $800.00 (Extended)
๐ Stop Loss: $764.17
โ ๏ธ Pro Tips:
๐ Watch for a volume spike to confirm any breakout attempt.
๐ฐ Consider taking partial profits near resistance zones.
๐ If price breaks below $764.17, expect increased downside risk.
