🔴 SHORT SETUP – $BNB /USDT

Market Outlook:

BNB is showing weakness after rejection from 1,119.34 resistance. The current red candles and minor lower highs suggest short-term selling pressure. If price fails to reclaim 1,120, a deeper retracement toward support zones is likely.

Entry Zone: 1,114 – 1,118

Stop Loss: 1,125

🎯 Targets:

TP1: 1,107 — first support

TP2: 1,100 — strong psychological level

TP3: 1,092 — extension zone

Key Level: 1,120 acts as short-term resistance. Sustained rejection below it confirms bearish bias.

🟢 ALTERNATE LONG SETUP (if reversal occurs)

If BNB closes firmly above 1,122, bullish recovery may resume.

🎯 Targets:

TP1: 1,130

TP2: 1,138

TP3: 1,145

Stop Loss: 1,110

Summary:

Current bias leans bearish below 1,120, favoring a short toward 1,100. Watch volume near 1,110–1,115 for confirmation — a strong bounce there could flip sentiment back to bullish.$BNB