$BNB bearish continuation after a strong breakout
The strong sell-off was rejected from resistance 898 with an impulsive bearish candle, trading below EMA 25/99 and unable to regain key moving averages; the current recovery looks like a correction, supporting a continued downward movement when below 870.
SHORT 860 – 870
TP1 840, TP2 820, TP3 800
🛑 Stop Loss 888
The bearish trend remains in effect unless the price regains and holds above EMA 99 with strong volume; otherwise, bullish spikes will be sell opportunities during the recovery.
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BNBUSDT
Perp
894.09
+2.10%