📉 BNB Short Setup in Focus 🔻
Trading Plan:
Bias: Short
Entry: 900 - 915
SL: 935
TP1–TP3: 880 / 860 / 820
Technical Analysis:
On the 4-hour timeframe, the broader trend for BNB remains bearish. The current price action is interpreted as a corrective rally approaching a significant resistance zone between 900 and 920. A rejection from this area would suggest a resumption of the primary downtrend. Confirmation would be a strong bearish candle formation within the entry zone, signaling a loss of bullish momentum.
Invalidation:
Only a break above 935 would invalidate this short-term bearish outlook.
BNBUSDT
Perp
896.23
+0.75%
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Perp
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+0.07%
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Perp
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-1.71%