$BNB is showing rejection near resistance after a strong rally, suggesting a potential short-term pullback.
$BNB – SHORT SETUP
Entry Zone: 620 – 625
Stop Loss: 640
Take Profit Targets:
TP1: 600
TP2: 580
TP3: 555
Why this setup
Price is rejecting a key resistance zone after an extended bullish move, indicating possible exhaustion. Momentum is fading at higher levels, and a pullback toward lower liquidity zones becomes more likely if sellers maintain control.
As long as price stays below resistance, downside continuation remains in play. A break above 640 would invalidate the setup and shift momentum back to bullish.