$BNB /USDT – BEARISH REJECTION NEAR RESISTANCE, PULLBACK LIKELY 📉
BNB is currently struggling near a strong resistance zone around 892–897, showing signs of exhaustion after the recent push up. Price has failed to sustain above this level, indicating seller pressure and a potential short-term bearish move. If bulls don’t reclaim this resistance convincingly, a retracement toward lower demand zones is likely before any fresh upside attempt.
📌 Trade Setup (SHORT)
Entry: 888 – 892
Stop Loss (SL): 900
Targets (TP):
TP1: 874
TP2: 860
TP3: 845
🔍 Market Outlook
Overall structure on lower timeframes suggests range-to-bearish bias unless BNB breaks and holds above 900 with strong volume. Until then, rallies into resistance may continue to face selling pressure. Traders should remain cautious and manage risk properly.
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