$BNB /USDT BEARISH – STRONG SELL-OFF AFTER THE $1,083 HIGH
BNB/USDT hit a peak at $1,083.47 but has since been in a sharp pullback, now trading around $953.50. The daily chart shows heavy profit-taking and a series of red candles, indicating sellers are in control for now. Unless bulls reclaim the $980–$1,000 area quickly, further downside into support is possible.
Trade Setup:
Entry (Short): $955–$960 zone on weak bounces
Take Profit (TP): First target $930, second target $905
Stop Loss (SL): Above $985
Market Outlook:
BNB has lost momentum after its parabolic move. The next key supports are around $930 and then $905. A decisive break back above $985 would invalidate the bearish bias and hint at a fresh attempt at $1,000+.
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buy and trade here on $BNB