BNB Drops Below Support Zone – $835 Next?

[chainsniff]

Trend Check:
BNB lost bullish structure, failing to hold the key $870–$900 zone. A bearish break from the range is underway, with momentum weakening and no signs of immediate reversal.

Indicators:
RSI: 42 (bearish bias)
MACD: Bearish cross with histogram deepening

Structure:
Price broke out of the previous bullish consolidation and now trades below the green demand block. Momentum is clearly with the sellers.

Position: Short bias
Entry Idea: Short below $860
Stop: Above $890
Targets: $835 → $780

Reasoning:
Breakdown from demand zone confirms momentum shift. Without quick recovery, further downside is expected.

[Nahid Hossen]

Losing key support usually invites more downside pressure.