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$BNB /USDT FACES SHORT-TERM BEARISH PRESSURE – CAUTION ADVISED!
$BNB /USDT is showing mixed signals as the price hovers near 639.28 USDT, slightly below its 24h high of 644.07. Short-term moving averages are nearly aligned (MA7 ≈ MA25 > MA99), but the MACD is signaling early bearish divergence (DIF < DEA). This suggests momentum is weakening and the market could experience a short-term pullback before attempting another bullish leg.
💹 TRADE SETUP:
Entry Zone (Short-Term Buy): 637 – 639 (near MA support)
Take Profit 1: 644 (24h high resistance)
Take Profit 2: 648 (next psychological resistance)
Stop Loss: 632 (below MA99 support)
📊 SHORT MARKET OUTLOOK:
Trend: Slightly bullish overall, but short-term momentum is weakening
Momentum: Bearish divergence forming on MACD
Key Levels: Support at 632 / Resistance at 644
Traders should watch for volume spikes to confirm bullish continuation; failure to hold MA support could lead to a deeper pullback.
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#ShortTermAnalysis