Here’s a clean, professional post based on the provided chart data:
$BNB /USDT BEARISH CONSOLIDATION – DOWNSIDE RISK REMAINS
$BNB/USDT is currently trading at 842.02 USDT, showing a decline of -2.90%. Price faced rejection from the 24h high at 869.16 and is hovering just above the 24h low at 838.24, indicating weak momentum and bearish pressure in the short term.
Key Levels to Watch:
Support: 838.2 (immediate), followed by 816.3 and 790.7.
Resistance: 849.4, then 882.4, and major resistance near 915.5.
Trade Setup (Short Bias):
Entry: Short at 845–850 (near resistance zone).
Take Profit (TP): 816.3 → 790.7.
Stop Loss (SL): 882.4 (above key resistance).
Market Insight:
As long as price remains below 869, sellers are in control. A clear breakdown below 838 could accelerate bearish momentum, while a reclaim above resistance would signal trend reassessment.
Encouragement:
Every market phase offers opportunity if approached with discipline and patience. Stick to your plan, manage risk wisely, and let consistency guide your trading journey forward. 💪📈
