$BNB /USDT – Short Setup (Binance)
Market Context:
BNB faced rejection from the 920–930 resistance zone and is now trading below key intraday levels. Momentum has shifted bearish after failure to hold above 900, indicating a potential continuation to the downside.
Trend Bias: Bearish (Short-term)
Entry Zone (Short):
885 – 900
Targets:
TP1: 872
TP2: 860
TP3: 845 (extended if momentum accelerates)
Stop Loss:
Above 930 (invalidation above major resistance)
Technical Notes:
Lower high formed near 930 → trend rejection confirmed
Price trading below short-term EMAs
Volume declining on pullbacks → favors continuation move
Loss of 880 may accelerate selling pressure
Trade Management: