Binance Coin on the Brink: $20M at Stake Below $805 🤯

BNB ($832.3) plummeted like a startled penguin into the icy abyss of the $810 support zone on Dec. 1, perpetuating November’s feeble attempt to avoid a cosmic void of financial despair. Let’s be honest-this isn’t a support level, it’s a fast track to liquidation limbo, singing off-key to leveraged longs.

Coinglass’ 30-day liquidation map reveals bears are the undisputed kings of this jungle, hoarding $228 million in short positions that’ll make bulls question existence itself. Meanwhile, the puny $60 million in longs has enough oomph to power a tea kettle-not a crypto comeback. BNB’s 20% monthly loss? A 📉 gift to everyone’s patience.

BNB Liquidation Map (30-D), Dec. 1, 2025 | Coinglass

The $805 price level? Think of it as BNB’s final rampart-or a “See you later, leverage” sign. $19.9 million in long contracts cluster here, bravely assuming the market isn’t a chaotic universe of gravity-defying prices. Any stumble below this threshold, and we’re probably inventing a new form of financial quicksand. 💀

“See you in less than 48 hours!” Dec 3rd 11:45am Binance Blockchain Week – as if timing this like a superfan isn’t already terrifying. 🕒🚀

– Nina Rong (@nina_rong) December 1, 2025

Binance’s new Executive Director, Nina Rong, charges into this spaghetti-tangled market while CZ heralds her like a crypto messiah. Citing BNB Chain’s “42 gigillions of unique addresses” (aka, 695 million) and 2 million daily users, CZ is now the enthusiastic narrator of a numbers circus.

Back in July 2025, Robinhood – under Nina’s stewardship – dared to link on-chain US stocks to Arbitrum. The market blinked. Everyone wondered if it was a typo. It wasn’t. We’re still wondering if it was a typo. Possibly a divine one. 🤷♂️

BNB’s trading at $810.70 on the monthly chart, currently playing “hide and cry” with support levels. The Breakout Probability indicator? Let’s just say cynicism is the official anthem of this chart. 47.50% downside risk vs. 34.88% upside? The chart’s practically whispering, “This is a story about bears, you’re not wrong to feel doomed.” 🐻

Binance Coin (BNB) Technical Price Forecast, Dec. 1, 2025 | Source: TradingView

RSI is at 58.81, which is… average, like your ex’s personality. It’s not “Buy now or you’re canceled!” territory-but it’s also not screaming, “I’m ready to win!” This remains a symphony of sideways movement with a subplot about giving up. Resist the urge to short-sell hope. The odds aren’t in your favor.

On the upside, a miraculous BNB rebound above $875 could rewrite this tragic tale. But considering derivatives have handed bears a golden scepter to trample bulls, anything above $805 is a “Maybe, but don’t bet your firstborn.” A breach below that? It’s not apocalypse, it’s merely the universe confirming it’s a genius at chaos. 🤡

2025-12-02 07:39

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