$BNB /USDT BEARISH PRESSURE BUILDING – BREAKDOWN RISK BELOW KEY SUPPORT ⚠️
$BNB is currently trading around 671.36 after facing rejection near the 684 resistance zone. Price action shows lower highs forming on lower timeframes, indicating weakening bullish momentum. The recent drop toward 663 support suggests sellers are gaining control, and if this level breaks decisively, further downside continuation is likely. Volume remains moderate, supporting the possibility of a gradual bearish move rather than a sharp drop.
Trade Setup: (Short 📉)
Entry: 670 – 674
Take Profit (TP):
TP1: 663
TP2: 655
TP3: 645
Stop Loss (SL): 685
Market Outlook:
BNB is showing early signs of a bearish trend continuation unless it reclaims and holds above 685. As long as price stays below this resistance zone, downside pressure may persist with potential retests of lower support levels.
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