$BNB – Sharp Breakdown, Sellers Taking Control
$BNB is trading around $765.01, down -1.12% in 24H. The 1H chart shows a clear rejection from the $780–$785 zone, followed by strong selling pressure through the $770 support area.
Price is now sitting near the $761–$765 support zone. A weak bounce into $770–$775 could face renewed selling, while a clean break below $761.50 would strengthen the bearish continuation setup.
Trade Setup
Entry: $768 – $774
Target 1: $761.50
Target 2: $755.00
Target 3: $748.00
Lose: $780.50
Current Price: $765.01
24H High: $784.55
24H Low: $761.54
24H Change: -1.12%
24H Volume: $68.34M USDT
Structure: Bearish short-term, with rejection at resistance and a breakdown below the $770 area.
Confirmation: A 1H close below $761.50 with strong selling volume could extend the downside move. Reclaiming $780.50 would weaken the short setup.
$BNB
#TrumpRejectsIranHormuzReopening #StrategyStriveAdd2305BitcoinThisWeek #DogecoinETFsPostBiggestWeekSinceLaunch #BitwiseFilesFinalNEARSpotETFProspectus #ChinaIndustrialProfitGrowthSlowsFourthMonth
$BNB is trading around $765.01, down -1.12% in 24H. The 1H chart shows a clear rejection from the $780–$785 zone, followed by strong selling pressure through the $770 support area.
Price is now sitting near the $761–$765 support zone. A weak bounce into $770–$775 could face renewed selling, while a clean break below $761.50 would strengthen the bearish continuation setup.
Trade Setup
Entry: $768 – $774
Target 1: $761.50
Target 2: $755.00
Target 3: $748.00
Lose: $780.50
Current Price: $765.01
24H High: $784.55
24H Low: $761.54
24H Change: -1.12%
24H Volume: $68.34M USDT
Structure: Bearish short-term, with rejection at resistance and a breakdown below the $770 area.
Confirmation: A 1H close below $761.50 with strong selling volume could extend the downside move. Reclaiming $780.50 would weaken the short setup.
$BNB
#TrumpRejectsIranHormuzReopening #StrategyStriveAdd2305BitcoinThisWeek #DogecoinETFsPostBiggestWeekSinceLaunch #BitwiseFilesFinalNEARSpotETFProspectus #ChinaIndustrialProfitGrowthSlowsFourthMonth

