🔻 $BNB /USDT Rejected at Resistance, Bears in Control!
$BNB faced a sharp rejection from the $637–$638 supply zone, forming a clean bearish engulfing candle. This confirms strong resistance as price respects the lower high structure within a bearish trend. The move signals potential continuation toward the next demand zones.
📉 Short Trade Setup:
• Entry: $631–$632
• TP1: $622.00
• TP2: $618.00
• TP3: $615.00
• SL: $637.60
🧠 Insight: Structure remains weak, and the latest rejection strengthens bearish bias. For better precision, wait for a lower-timeframe confirmation before executing the short. Stay sharp $BNB is under pressure.