$BNB /USDT SHORT TRADE SETUP BEARISH STRUCTURE BELOW KEY RESISTANCE
Current Price: 834.34
Market Structure: BNB has failed to hold above the 860–864 zone and is now forming lower highs. Price action is leaning bearish with declining momentum and increased sell-side volume.
ENTRY ZONE:
Enter short between 838.00 – 845.00 after a rejection or failed breakout attempt.
STOP LOSS:
Place SL above 864.00 to avoid fakeout during volatility.
TARGET POINTS:
TP1: 820.00
TP2: 805.00
TP3: 790.00
TRADE ANALYSIS:
BNB is showing signs of weakness after being rejected from the 864 resistance zone. With volume tapering and a -1.21% drop, sellers may take control if price breaks below 831.00 support. A clean rejection candle or breakdown confirmation offers an ideal entry for short positions.