BNB CHART ALERT
Most traders buy the relief bounce Professionals wait for price to return into resistance liquidity first
Right now $BNB is retesting a critical bearish zone where multiple technical signals are aligning together
Entry Zone: $596 — $599 SL: $608 TP1: $587 TP2: $560 TP3: $547
What the chart is showing:
4H bearish structure remains intact
1H pullback rejected near EMA20 resistance
Fibonacci retracement aligns with the same zone
RSI still below 50 with no confirmed momentum shift
This is why the current move looks more like distribution than accumulation
As long as price stays below $608 sellers still control the structure and liquidity below remains exposed
Are bears preparing the next leg down or will bulls reclaim the zone