⚠️ Even platform coins couldn't hold up: $BNB 1-hour change -6.3%, 24h -7.6%. This sell-off is pretty brutal.
⬇️ I don't believe $BNB will rebound—clearly bearish at this moment.
【View】$BNB (BNB) → Bearish
Current price is around 698.64. MA20≈735.91, MA50≈749.66. Price is below the moving averages, and each rebound looks more like an opportunity for trapped holders to exit. When the trend is bearish, “buying the dip” can easily turn into “catching a falling knife.” Key levels: resistance≈762.20, support≈680.00; invalidation level at 731.17—I’ll admit I’m wrong and turn neutral if price gets back above it decisively. Volume is about 1.3 times the 20-day average; we’ll need to watch volume to tell whether a breakout is genuine.
📌 Reference levels (1h ATR×2≈19.13)
Direction: Short
Entry: 698.64–708.21
TP1: 675.68 TP2: 647.93 TP3: 620.19
SL: 731.17
Keep an eye on whether a rebound to 762.20 gets pushed back down, and whether 680.00 holds.
Are you still holding $BNB ? Think it’ll hold, or are you ready to admit you’re wrong? Let’s discuss in the comments.
⚠️ Disclaimer: This is just my personal opinion, not investment advice. Be aware of the risks.
$BTC $ETH $BNB #看空 #WriteToEarn
⬇️ I don't believe $BNB will rebound—clearly bearish at this moment.
【View】$BNB (BNB) → Bearish
Current price is around 698.64. MA20≈735.91, MA50≈749.66. Price is below the moving averages, and each rebound looks more like an opportunity for trapped holders to exit. When the trend is bearish, “buying the dip” can easily turn into “catching a falling knife.” Key levels: resistance≈762.20, support≈680.00; invalidation level at 731.17—I’ll admit I’m wrong and turn neutral if price gets back above it decisively. Volume is about 1.3 times the 20-day average; we’ll need to watch volume to tell whether a breakout is genuine.
📌 Reference levels (1h ATR×2≈19.13)
Direction: Short
Entry: 698.64–708.21
TP1: 675.68 TP2: 647.93 TP3: 620.19
SL: 731.17
Keep an eye on whether a rebound to 762.20 gets pushed back down, and whether 680.00 holds.
Are you still holding $BNB ? Think it’ll hold, or are you ready to admit you’re wrong? Let’s discuss in the comments.
⚠️ Disclaimer: This is just my personal opinion, not investment advice. Be aware of the risks.
$BTC $ETH $BNB #看空 #WriteToEarn
