๐ด SHORT SIGNAL โ $BNB | Score: 80/100 | HIGH
The ascending triangle pattern on BNB's chart has been consistently tested, and the rejection at resistance $610.98 sets the stage for a strong reversal short setup.
Entry: $586.69
TP1: $563.34
TP2: $534.15
TP3: $496.20
SL: $609.46
The trend reversal short on BNB is validated by the weakness near $583.77, as the bulls' attempt to clear the overhead resistance is met with resistance. This is a textbook reversal short, where the bears take control and drive the price down. The volume of 161.79M confirms the strength of the sell-off, and I'm confident that a short position at the entry level will reap significant rewards.
โ ๏ธ NFA | DYOR