📉 BNB/USDT Market Outlook – Oct 23, 2025
Following a high-volume rejection near $1123, the market shows signs of short-term weakness and a potential short setup.
Market Summary:
1D: Range-bound; buyers and sellers in conflict. Resistance near $1100–$1115.
4H: Strong rejection wick at $1123 on heavy volume (143.9k).
1H: Momentum turned bearish after two high-volume rejections; consolidating below $1100.
Trade Plan:
👉 WAIT for price to retest $1110–$1115 and show rejection before entering a SHORT.
Entry: $1112 | Stop: $1125
🎯 TP1: $1095 (R:R ≈ 1.3:1)
🎯 TP2: $1072 (R:R ≈ 3.1:1)
Bias: Bearish – prefer selling the retest rather than chasing downside.