BNB Rejected Again at $650 ... Bears Taking Control
BNB faced strong rejection from the $650 resistance zone, exactly as expected. Price failed to break above and quickly moved lower, confirming seller strength. Lower highs are forming and momentum is shifting bearish after multiple rejections.
Trade Setup (Short)
Entry: $640 – $645
Stop Loss: $650
Take Profit: $635
TP2: $631
TP3: $627
As long as price stays below $650, downside pressure remains strong. This looks like a clear rejection zone where sellers are dominating and pushing the market lower.
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