Binance Square

Mwila626

6 Ακολούθηση
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17 Μου αρέσει
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$BNB 🔴 Bearish pressure still active BNB recently had a sharp correction and is still trending down overall. Price previously dropped toward the $570 area, and losing that level could push it to around $550. 👉 That means sellers are still in control unless strong buying returns. 🟢 But… technical bounce is possible Several signals suggest a rebound attempt may happen: BNB is oversold (RSI low) — often leads to short-term bounce. Price is forming a falling wedge, a classic bullish reversal pattern. If resistance breaks, targets cluster around: $680 → $700 → $720 There’s also heavy short liquidations near $680–$700, meaning price can move fast if that zone breaks. 🎯 Key price levels to watch (trader view) Think of this like a range battle: Support zones $570 major support $550 psychological support Resistance zones $650 short-term barrier $680–$700 breakout zone $720 strong bullish target 🧭 Most likely weekly scenarios Scenario 1 — Base case (most probable) ➡ Sideways + bounce attempts ➡ Moves between $580 and $700 This is typical after sharp corrections. Scenario 2 — Bullish breakout If price breaks wedge resistance: ➡ Fast move to $680–$720 ➡ Short squeeze possible Momentum traders jump in here. Scenario 3 — Bearish continuation If $570 breaks clean: ➡ Drop toward $550 ➡ Deeper correction phase That would confirm sellers still dominate. 🧠 My trading-style interpretation Market structure suggests corrective phase ending but not confirmed yet. So this week: Expect volatility Expect fake breakouts Real direction depends on $680 breakout or $570 breakdown Classic compression → expansion setup.
$BNB 🔴 Bearish pressure still active

BNB recently had a sharp correction and is still trending down overall.

Price previously dropped toward the $570 area, and losing that level could push it to around $550.

👉 That means sellers are still in control unless strong buying returns.

🟢 But… technical bounce is possible

Several signals suggest a rebound attempt may happen:

BNB is oversold (RSI low) — often leads to short-term bounce.

Price is forming a falling wedge, a classic bullish reversal pattern.

If resistance breaks, targets cluster around:

$680 → $700 → $720

There’s also heavy short liquidations near $680–$700, meaning price can move fast if that zone breaks.

🎯 Key price levels to watch (trader view)

Think of this like a range battle:

Support zones

$570 major support

$550 psychological support

Resistance zones

$650 short-term barrier

$680–$700 breakout zone

$720 strong bullish target

🧭 Most likely weekly scenarios
Scenario 1 — Base case (most probable)

➡ Sideways + bounce attempts

➡ Moves between $580 and $700

This is typical after sharp corrections.

Scenario 2 — Bullish breakout

If price breaks wedge resistance:

➡ Fast move to $680–$720

➡ Short squeeze possible

Momentum traders jump in here.

Scenario 3 — Bearish continuation

If $570 breaks clean:

➡ Drop toward $550

➡ Deeper correction phase

That would confirm sellers still dominate.

🧠 My trading-style interpretation

Market structure suggests corrective phase ending but not confirmed yet.

So this week:

Expect volatility

Expect fake breakouts

Real direction depends on $680 breakout or $570 breakdown

Classic compression → expansion setup.
🔴 Bearish pressure still active BNB recently had a sharp correction and is still trending down overall. Price previously dropped toward the $570 area, and losing that level could push it to around $550. 👉 That means sellers are still in control unless strong buying returns. 🟢 But… technical bounce is possible Several signals suggest a rebound attempt may happen: BNB is oversold (RSI low) — often leads to short-term bounce. Price is forming a falling wedge, a classic bullish reversal pattern. If resistance breaks, targets cluster around: $680 → $700 → $720 There’s also heavy short liquidations near $680–$700, meaning price can move fast if that zone breaks. 🎯 Key price levels to watch (trader view) Think of this like a range battle: Support zones $570 major support $550 psychological support Resistance zones $650 short-term barrier $680–$700 breakout zone $720 strong bullish target 🧭 Most likely weekly scenarios Scenario 1 — Base case (most probable) ➡ Sideways + bounce attempts ➡ Moves between $580 and $700 This is typical after sharp corrections. Scenario 2 — Bullish breakout If price breaks wedge resistance: ➡ Fast move to $680–$720 ➡ Short squeeze possible Momentum traders jump in here. Scenario 3 — Bearish continuation If $570 breaks clean: ➡ Drop toward $550 ➡ Deeper correction phase That would confirm sellers still dominate. 🧠 My trading-style interpretation Market structure suggests corrective phase ending but not confirmed yet. So this week: Expect volatility Expect fake breakouts Real direction depends on $680 breakout or $570 breakdown Classic compression → expansion setup.
🔴 Bearish pressure still active

BNB recently had a sharp correction and is still trending down overall.

Price previously dropped toward the $570 area, and losing that level could push it to around $550.

👉 That means sellers are still in control unless strong buying returns.

🟢 But… technical bounce is possible

Several signals suggest a rebound attempt may happen:

BNB is oversold (RSI low) — often leads to short-term bounce.

Price is forming a falling wedge, a classic bullish reversal pattern.

If resistance breaks, targets cluster around:

$680 → $700 → $720

There’s also heavy short liquidations near $680–$700, meaning price can move fast if that zone breaks.

🎯 Key price levels to watch (trader view)

Think of this like a range battle:

Support zones

$570 major support

$550 psychological support

Resistance zones

$650 short-term barrier

$680–$700 breakout zone

$720 strong bullish target

🧭 Most likely weekly scenarios
Scenario 1 — Base case (most probable)

➡ Sideways + bounce attempts

➡ Moves between $580 and $700

This is typical after sharp corrections.

Scenario 2 — Bullish breakout

If price breaks wedge resistance:

➡ Fast move to $680–$720

➡ Short squeeze possible

Momentum traders jump in here.

Scenario 3 — Bearish continuation

If $570 breaks clean:

➡ Drop toward $550

➡ Deeper correction phase

That would confirm sellers still dominate.

🧠 My trading-style interpretation

Market structure suggests corrective phase ending but not confirmed yet.

So this week:

Expect volatility

Expect fake breakouts

Real direction depends on $680 breakout or $570 breakdown

Classic compression → expansion setup.
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