BNB is showing clear signs of heavy selling pressure as it tests the lower end of today’s trading range.
• Price is currently holding around 808.20 USDT, down 5.28% on the day, reflecting strong bearish momentum rather than a healthy pullback.
• Intraday action saw BNB fall sharply from a high of 862.09 to a low of 805.00, indicating a fast liquidation-style move with very little buyer defense during the drop.
• The asset is trading well below EMA(9) at 828.76 and EMA(15) at 835.25. The bearish EMA crossover confirms short-term trend control by sellers and signals continuation risk if recovery fails.
• The latest 1-hour candle printed a large red Marubozu, a pattern that typically appears when sellers dominate the entire session without meaningful rejection.
• Volume shows a significant spike on the sell side, validating that this move is backed by real participation and not a low-liquidity fluctuation.
• The chart also shows the “Price Protection” tag, often seen during extreme volatility or liquidation cascades, suggesting this drop may be linked to broader market stress or forced positions being closed.
BNB is now hovering near its 24-hour low, which may act as a temporary psychological support. However, unless price reclaims the EMA zone, the structure remains short-term bearish with caution warranted for further downside.
