#BNB/USDT is currently in a clear short-term downtrend, with price falling from 733.75 to 705, trading below all key moving averages, and forming lower highs and lower lows.
Price dropped from ~733.75 to 705, making lower highs and lower lows.
Currently trading below all key MAs (MA7 712, MA25 715, MA99 722), which are sloping downward.
Strong red candle near the lows (704.29), with sellers dominating (order book 57.5% sell side).
Short-term bias remains bearish unless it reclaims the 712–715 zone.
Price dropped from ~733.75 to 705, making lower highs and lower lows.
Currently trading below all key MAs (MA7 712, MA25 715, MA99 722), which are sloping downward.
Strong red candle near the lows (704.29), with sellers dominating (order book 57.5% sell side).
Short-term bias remains bearish unless it reclaims the 712–715 zone.
