$BNB Facing Heavy Rejection — Short Bias Still Valid 🔻
Short Trade Signal (Day Trade):
Sell Zone: 895 – 905
TP1: 888
TP2: 880
TP3: 872
SL: 912
Leverage: 20–40x (Risk 1–2%)
Open Trade in Future👇🏻
Spot Traders:
Avoid aggressive spot buying near current price. Safer accumulation zones are 870 – 855, where stronger daily support exists. Spot entries are better after a clear stabilization.
Why This Trade:
$BNB failed to hold above the 900–905 resistance zone and faced immediate rejection, confirming strong selling pressure at the highs. The recent upside move looks like a liquidity grab rather than real strength, followed by sharp rejection and bearish follow-through.
On the lower timeframe, price is trading below key resistance and struggling to reclaim previous support, showing that buyers are losing control. Volume increased during the drop, which supports continuation rather than reversal.
From a broader market perspective, overall sentiment remains cautious, and with BTC still unstable, upside momentum for $BNB is limited. Until price reclaims and holds above 912, longs remain risky and shorts offer better risk-to-reward.
Support Zones:
885 – 880 (intraday support)
870 – 855 (major demand zone)
Resistance Zones:
895 – 905 (primary sell zone)
910 – 920 (strong rejection area)
Pullback Zones for Shorts:
895 – 905 → Ideal short entry
910 – 920 → Only if liquidity spike occurs
Trade patiently and manage risk properly. If you’re not following Token Talk, you’re honestly making a mistake — the market is moving exactly as planned.