$BNB /USDT – SHORT-TERM BEARISH PULLBACK AFTER REJECTION, CONSOLIDATION TURNING WEAK
BNB faced a clear rejection near the 904 resistance zone after a strong upward move and is now showing signs of short-term weakness. The failure to hold above recent highs, followed by lower highs on the intraday timeframe, suggests profit-taking and fading bullish momentum. If price continues to stay below resistance, the next move is likely to favor a corrective pullback.
Trade Setup (Short Position)
Entry Zone:
895 – 900
Targets:
TP1: 886
TP2: 878
TP3: 870
Stop Loss:
Above 906
Market Outlook
BNB remains strong on higher timeframes, but short-term structure is showing signs of exhaustion. As long as price stays below the 900–904 resistance zone, downside continuation or sideways consolidation is likely. A strong reclaim and hold above 904 would invalidate the bearish setup and reopen upside momentum.
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