#CryptoFamily listen to me carefully…
$BNB is showing a clean rejection from resistance and this setup is shaping up for a downside continuation...🚀🔥
Entry Range: 635 – 638
Stop Loss: 642
Targets:
TP1: 633
TP2: 630
TP3: 625
After a strong push into the 640 zone, price got rejected right from a clear supply area and failed to hold above it. That rejection candle followed by continuation downside shows sellers stepping in aggressively.
Now we are seeing price losing short-term structure and breaking down from the recent higher low formation. This shift in structure is a key sign that momentum is turning bearish.
The move down is not impulsive yet, which gives a better opportunity to enter on slight pullbacks rather than chasing the drop. As long as price stays below the 640 resistance zone, the bias remains to the downside.
If sellers maintain control, this can extend toward the lower support around 630 and potentially sweep liquidity below it.
Invalidation: If price reclaims and holds above 642, this breakdown setup fails and bearish bias is invalid.
Trade here on $BNB 👇
