$BNB Retests Breakdown Zone Short Setup in Play
$BNB is retesting the $632–$638 breakdown area. A failed reclaim here keeps the structure bearish and favors continuation lower.
Setup:
• Entry: $632–$638
• TP1: $622
• TP2: $612
• TP3: $598
• SL: $648
This gives roughly a 4:1 risk-to-reward, with a tight invalidation above resistance.
If $BNB fails to reclaim $638, downside toward $598 opens. A break above $648 invalidates the short thesis.
Verdict: Short bias below $638, watching reclaim levels closely.
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