$BNB /USDT SHORT SIGNAL: SELLERS FLOOD THE BOOK AS BNB STALLS NEAR $775! đ»đ„
Technical Analysis:
BNB is trading at 775.27, up +0.79% (+6.05) in the last 24h, but price is stalling just under the 24h high of 776.50 after bouncing from the 763.02 low. The order book is heavily skewed to sellers at 76.91% vs 23.08% buyers, and large sell walls sit stacked at 775.27-775.30. Against BTC, BNB is down 1.19% (0.009061), showing relative weakness. Momentum is fading near resistance at 776.50.
Trade Setup (SHORT):
đ Entry: 775.00 - 776.00
đŻ TP1: 770.00
đŻ TP2: 766.00
đŻ TP3: 763.00
đ SL: 779.50
Market Outlook:
Sentiment is mixed to cautious. $BTC (+2.00%) and SOL (+2.01%) lead the majors, while BNB lags and many alts like NEAR (-8.11%) and QNT (-15.97%) bleed. A rejection at 776.50 favors a pullback toward the 763 support zone. A clean break above 779.50 would invalidate the setup.
#BNB #BNBUSDT #CryptoTrading #Binance #TechnicalAnalysis
Technical Analysis:
BNB is trading at 775.27, up +0.79% (+6.05) in the last 24h, but price is stalling just under the 24h high of 776.50 after bouncing from the 763.02 low. The order book is heavily skewed to sellers at 76.91% vs 23.08% buyers, and large sell walls sit stacked at 775.27-775.30. Against BTC, BNB is down 1.19% (0.009061), showing relative weakness. Momentum is fading near resistance at 776.50.
Trade Setup (SHORT):
đ Entry: 775.00 - 776.00
đŻ TP1: 770.00
đŻ TP2: 766.00
đŻ TP3: 763.00
đ SL: 779.50
Market Outlook:
Sentiment is mixed to cautious. $BTC (+2.00%) and SOL (+2.01%) lead the majors, while BNB lags and many alts like NEAR (-8.11%) and QNT (-15.97%) bleed. A rejection at 776.50 favors a pullback toward the 763 support zone. A clean break above 779.50 would invalidate the setup.
#BNB #BNBUSDT #CryptoTrading #Binance #TechnicalAnalysis
