I'm eyeing $BNB /USDT for a short setup.
Current Price: $604.10
24H High: $619.99
24H Low: $601.38
Market Structure:
Descending channel forming
Lower highs and lower lows showing weakness
Rejected at the upper trendline
Key Levels:
Resistance: $606 – $609
Support: $601 – $598
Trade Setup:
Entry Zone: $604 – $606
TP1: $598
TP2: $591
Stop Loss: $610
Pro Tip: I’ll wait for a 15M candle close below $602 to confirm the breakdown, looking for a volume spike to solidify the short.
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