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🔻 $BNB /USDT – Bearish Rejection at Resistance Zone! 🚨

$BNB is showing signs of weakness after retesting a key supply zone. Price is reacting sharply from resistance, forming a potential lower high setup for a short continuation.

📊 Market Structure:

Trend remains bearish with consistent lower highs
Price rejected from strong supply area
Support-turned-resistance now being respected

🧠 Key Technical Insights:

Clean rejection off the $637–$638 supply zone
Bearish engulfing candle confirms resistance strength
Potential for continuation toward next demand zone

🎯 Trade Setup (Short):

Entry Zone: $631–$632
Target 1: $622.00
Target 2: $618.00
Target 3: $615.00
Stop Loss: $637.60

✅ Pro Tip:

Wait for a lower timeframe confirmation (like bearish engulfing or break of minor structure) before entering for higher probability.

⚠️ BNB facing clear supply pressure — stay alert for short setups! 📉🧠

$BNB

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