BNB (Binance Coin): Bearish Momentum Continues Near Key Support
🔥 Potential Price Targets:
🩸 Near-term Goal: $650
🩸 Long-term Goal: $600
🔥 FinCaesar's Strategy:
🩸 Short: Below $690, targeting $650 and $600. Bearish MACD and continued selling pressure support downside momentum.
🩸 Long: Above $740, aiming for $750 and $800. A reversal would require strong bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $740 — The next key resistance level to challenge.
🩸 Support: $600 — A breakdown below this level could accelerate losses.
BNB is in a bearish setup, with MACD momentum weakening and the price struggling below critical resistance. A breakdown below $650 could signal further declines, with $600 as the next potential target.
👑 "Only the disciplined will thrive in this market—make your move with unwavering confidence." — FinCaesar
🩸 Near-term Goal: $650
🩸 Long-term Goal: $600
🔥 FinCaesar's Strategy:
🩸 Short: Below $690, targeting $650 and $600. Bearish MACD and continued selling pressure support downside momentum.
🩸 Long: Above $740, aiming for $750 and $800. A reversal would require strong bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $740 — The next key resistance level to challenge.
🩸 Support: $600 — A breakdown below this level could accelerate losses.
BNB is in a bearish setup, with MACD momentum weakening and the price struggling below critical resistance. A breakdown below $650 could signal further declines, with $600 as the next potential target.
👑 "Only the disciplined will thrive in this market—make your move with unwavering confidence." — FinCaesar
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.