⚠️ $BNB /USDT short trade signal 🚦 🛑
SHOWING WEAKNESS – BEARS TAKE THE LEAD!
BNB/USDT is currently trading at $631.54, slipping -0.61% as selling pressure dominates the 30-min chart. Price has dropped from the $644 area and is struggling to hold support, hinting at further downside if $630 breaks.
Key Levels:
Support: $630.00 and $622.00
Resistance: $638.00 and $644.00
Trade Setup – Short Position:
Entry Zone: $631.00 – $633.00 (on weak bounce or breakdown)
Take Profits (TP):
1. TP1: $625.00
2. TP2: $620.00
3. TP3: $612.00
Stop Loss (SL): $638.50
Market Outlook:
BNB is forming lower highs and lower lows, a clear sign of bearish control in the short term. If $630 support cracks, we could see accelerated downside toward the $620 zone.
Risk Management:
Always risk just 1-2% of your capital. Don’t chase candles—wait for confirmations and set your SLs properly to protect from reversals.
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