$BNB Strong Rejection at Major Resistance – Bears Taking Control

$BNB has faced a sharp and clear rejection from the 871 resistance zone, confirming strong selling pressure at higher levels. The price failed to sustain above the range high and immediately slipped back below key intraday support, signaling exhaustion from buyers. This rejection indicates that bulls are struggling to maintain momentum, while sellers are actively defending the upper zone.

The current structure shows a potential range breakdown, with price moving toward lower liquidity levels. If $BNB fails to reclaim the 865–868 area with strong volume, further downside continuation becomes highly probable. Market momentum is now favoring the bears in the short term, and any pullback toward resistance may act as a selling opportunity unless a strong recovery is seen.

Trade Setup

Entry Range: 865 – 868

Target 1: 862

Target 2: 858

Target 3: 853

Stop Loss (SL): 872