🚨$BNB
BNB
909.16
+1.05%
BEARISH SETUP – SUPPLY ZONE REJECTION IN PLAY
$BNB is struggling to break above a strong resistance cluster, showing clear signs of rejection and momentum slowdown. The structure suggests a potential lower high, indicating that sellers are defending the upper zone aggressively. As long as price remains below key resistance, the next move is expected to favor the downside toward nearby demand levels.
Entry: Short near 850 – 860
Targets:
TP1: 840
TP2: 825
TP3: 800
Stop Loss: 872
Key Levels:
Resistance: 850 – 870
Support: 840 – 800
Risk Management: Risk only 1–2% of total capital per trade and strictly follow the stop loss to protect capital in volatile conditions.