$BNB USDT Rejection Setup
Market rejected the resistance zone and sellers stepped in exactly where expected.
Entry: 601.5 - 602.5
SL: 607.1
Targets:
• TP1: 596.0
• TP2: 592.0
• TP3: 589.5
Clean rejection from resistance with a favorable risk-to-reward setup. As long as price remains below the rejection zone, bears maintain the advantage.
Manage risk accordingly.
#BNB #cryptotrading
Market rejected the resistance zone and sellers stepped in exactly where expected.
Entry: 601.5 - 602.5
SL: 607.1
Targets:
• TP1: 596.0
• TP2: 592.0
• TP3: 589.5
Clean rejection from resistance with a favorable risk-to-reward setup. As long as price remains below the rejection zone, bears maintain the advantage.
Manage risk accordingly.
#BNB #cryptotrading