The rebound of $BNB seems to be blocked again, and sellers are actively buying.
Short $BNB
Entry point: 622 – 638
Stop loss: 680
Target price 1: 598
Target price 2: 565
Target price 3: 528
The upward momentum has failed to sustain, and buyers seem unwilling to hold the rebound. The strong market conditions are continuously fading, while the downward trend is beginning to flatten. Selling pressure is evident, and momentum is blocked; if sellers remain active, it usually favors a continued price decline.
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BNBUSDT
Perp
607.45
-0.81%