$BNB is bleeding but not broken. The chart shows a sharp sell-off followed by weak sideways movement — momentum is still bearish, but sellers are slowing down.
Support is sitting near 605 where buyers stepped in earlier. If that cracks, pressure can push price lower fast. Resistance stands around 620 to 628 where price keeps getting rejected.
Momentum insight
Dump was aggressive, now market is cooling. This often leads to a bounce or another drop after a small fake move.
Trade setup
Entry 608 to 612
Target 620 then 628
Stop loss 602
If bulls hold the current zone, a relief push is likely. But if 605 fails, expect another wave of fear selling. Stay sharp, this is a trap zone.
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BNB
615.81
+0.39%