🔴 $BNB just plunged to 717 USDT: Buy the dip or wait for a further correction?
On the daily (1D) chart, after touching a high of 809.99 USDT, $BNB saw a sharp correction, dropping to a 24-hour low of 717.07 USDT before rebounding to around 738.56 USDT (-4.48%).
The heavy red candle shows strong selling pressure, but the 710–720 USDT zone is currently acting as temporary support, slowing the decline.
📌 Key price levels to watch:
🔴 Short-term resistance: 760–770 USDT
🟢 Strong support: 710–720 USDT
Are you using this dip to gradually DCA and build your position, or staying on the sidelines until there’s a clearer signal?
👇 Click here on $BNB to check out the chart in detail and place trades with me!
On the daily (1D) chart, after touching a high of 809.99 USDT, $BNB saw a sharp correction, dropping to a 24-hour low of 717.07 USDT before rebounding to around 738.56 USDT (-4.48%).
The heavy red candle shows strong selling pressure, but the 710–720 USDT zone is currently acting as temporary support, slowing the decline.
📌 Key price levels to watch:
🔴 Short-term resistance: 760–770 USDT
🟢 Strong support: 710–720 USDT
Are you using this dip to gradually DCA and build your position, or staying on the sidelines until there’s a clearer signal?
👇 Click here on $BNB to check out the chart in detail and place trades with me!