$BNT /USDT - Bearish Short Opportunity
Market Structure Breakdown
BNT has shown weakness after failing to hold above 0.7650, which has now flipped to resistance. The price is printing lower highs with weakening momentum, suggesting increasing selling pressure. A confirmed break below 0.7500 would solidify the bearish bias, opening the door for further downside.
Trade Setup
🎯 Short Entry Zone: 0.7580 – 0.7640 (Retest of former support as resistance)
✅ Take-Profit Targets:
- TP1: 0.7380 (Immediate support level)
- TP2: 0.7200 (Next demand zone)
- TP3: 0.7000 (Key psychological support)
❌ Stop Loss:0.7710(Above recent swing high for safety)
Risk Management Rules
- 🔒 Risk per trade: 1-2% max of capital
- 🛑 Strict stop-loss discipline—no exceptions
- 📉 Avoid overleveraging—trade responsibly
- 🔄 Consider partial profit-taking at TP1 & trail stop
Key Observations
- 📉 Bearish confirmation: Breakdown below 0.7500 strengthens the short case
- 📊 Lower highs & weak momentum favor sellers
- ⚡ Rising volume on breakdown = Increased bearish conviction
📌 Trade smart & stay patient for confirmation!
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