BNB/USDT
The market shows a sell-the-rally setup as price moves back into a previous supply zone near 893, fails to make a new high, and struggles around the flat EMAs, suggesting a shift from balance to distribution rather than a continuation of the uptrend.
Bias: Short
Entry: 892 – 896
Stop-Loss: 902
Targets:
TP1: 884
TP2: 872
TP3: 860
As long as price stays below 900, upward moves are weak and can be treated as temporary spikes in a range. A sustained move above 900 would invalidate the short and shift the bias to neutral/defensive.
