📉 $BNB Resistance Rejection: Short Setup

​BNB is showing signs of exhaustion after hitting a major resistance zone. With the price struggling to maintain its momentum, a bearish reversal looks likely. Here is the short-selling setup for this move:

​Entry Zone: $638 – $645

​Bearish Confirmation: Breakdown below $632

​Stop Loss (SL): $652

​🎯 Take Profit Targets:

​TP1: $625

​TP2: $615

​TP3: $600

​Strategy Note: Keep a close eye on $BTC price action. If Bitcoin fails to hold its current levels, it will likely accelerate this BNB rejection. Trade with proper risk management and trail your stop loss once TP1 is hit. 🚀📉

​#BNB #CryptoTrading #priceanalysis #BearishSetup #Binance

BNB

639.65

-1.58%