$BNB is trading at 837.9 after a sharp rejection from the 870–875 supply zone. The structure on 4H is still lower highs, and the recent bounce failed to reclaim prior resistance, which keeps downside pressure intact. Momentum has cooled, and price is now sitting on a make-or-break demand area around 832–820.

If 832–825 holds, we could see a short relief bounce back toward 855–870. However, a clean breakdown below 820 would likely open the door for a deeper move into 805–790, where the next meaningful liquidity sits.

Trade idea (risk-managed):

Short: 850–860 rejection

SL: 875

TP1: 820

TP2: 800

Bias remains cautiously bearish below 870. I’d wait for confirmation at support before flipping bias—no rush here, let price show its hand.