🔥
$BNB : Imminent Reversal Incoming! 📉
Short
Entry: ~880–885 USDT
Stop Loss: 895 USDT
Targets: 865 USDT
859 USDT
850 USDT
$BNB is facing strong resistance around the 890–891 USDT level, hinting at a potential short-term peak. 🐻 The recent inability to hold above this zone suggests sellers are stepping in. Keep a close eye on the 860 USDT support – a breach here could trigger a significant downside move.
Momentum is fading on the lower timeframes (15m-1h), creating a prime opportunity for a short position. Look for entries on a retest of the resistance or a failed breakout attempt. Volume is healthy at 112.19M USDT, confirming interest in this potential reversal. 🚀
#BNBshort #CryptoTrading #TechnicalAnalysis #Altcoins 🐻