$BNB /USDT — STRONG BEARISH PRESSURE CONTINUES, SELLERS STILL IN CONTROL ⚠️
Market Next Move (Bearish Bias):
BNB has faced a sharp rejection from the 765 resistance and is currently trading near 690, printing lower highs and lower lows. Heavy sell volume, a clear breakdown of short-term support, and weak recovery attempts suggest that bearish momentum is still dominant. Unless price reclaims the key resistance zones, further downside is likely.
📉 TRADE SETUP (SHORT)
Entry Zone:
🔻 695 – 705 (pullback into resistance)
Stop Loss (SL):
❌ 720 (above key resistance & structure break)
Take Profit Targets (TP):
🎯 TP1: 680
🎯 TP2: 665
🎯 TP3: 640 (if market weakness continues)
🔍 Technical Highlights
Rejection from 765 confirms strong supply zone
Price trading below key intraday supports (710 & 700)
Volume spike on red candles → distribution phase
Trend remains bearish on 15m, 1h & 4h timeframes
🌐 SHORT MARKET OUTLOOK
Overall crypto market weakness and risk-off sentiment are keeping pressure on BNB. As long as price stays below 720–730, rallies are likely to be sold. Bulls need a strong reclaim above 730+ to shift momentum; otherwise, more downside is expected.
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