BNB bearish: remain alert for another test of the lows after the rebound 📉
The latest available BNBUSDT quote is around 639 USDT. Binance market data (https://www.binance.com/en/futures/BNBUSDT)
Snapshot at 04:51 on November 14 (Beijing time): BNB fell 2.52% over the past 24 hours. Total futures trading volume across the market was $1.14 billion, OI was $1.03 billion, down 2.26%, and the weighted funding rate remained positive at 0.0042%. Rising volume alongside falling prices, shrinking open interest, and liquidations concentrated among longs suggest that deleveraging pressure has not yet subsided. CoinGlass data (https://www.coinglass.com/currencies/BNB)
Bearish over the next 4–24 hours, with a retest of the 622 support level likely after a rebound encounters resistance; if it breaks below that level, watch the 610 mark. Resistance is at 659. A breakout on increased volume followed by a hold above that level would invalidate the bearish outlook and shift the target to 670. Synchronized data for active buy/sell volume, RSI, and MACD is unavailable, so these indicators will not be used to confirm a reversal for now.
#BNB #BNBUSDT #行情分析 #币安广场
The latest available BNBUSDT quote is around 639 USDT. Binance market data (https://www.binance.com/en/futures/BNBUSDT)
Snapshot at 04:51 on November 14 (Beijing time): BNB fell 2.52% over the past 24 hours. Total futures trading volume across the market was $1.14 billion, OI was $1.03 billion, down 2.26%, and the weighted funding rate remained positive at 0.0042%. Rising volume alongside falling prices, shrinking open interest, and liquidations concentrated among longs suggest that deleveraging pressure has not yet subsided. CoinGlass data (https://www.coinglass.com/currencies/BNB)
Bearish over the next 4–24 hours, with a retest of the 622 support level likely after a rebound encounters resistance; if it breaks below that level, watch the 610 mark. Resistance is at 659. A breakout on increased volume followed by a hold above that level would invalidate the bearish outlook and shift the target to 670. Synchronized data for active buy/sell volume, RSI, and MACD is unavailable, so these indicators will not be used to confirm a reversal for now.
#BNB #BNBUSDT #行情分析 #币安广场