$BNB /USDT BEARISH SETUP ACTIVATED – BREAKDOWN AND RETEST STRATEGY IN PLAY!
BNB has officially lost its support near $602, confirming a bearish structure as price breaks down and closes below the consolidation zone. The market is likely to retest this broken support as new resistance before continuing its downward leg.
Trade Setup:
Entry Zone: $598 – $602 (on potential retest)
Take Profit (TP): $575.98
Stop Loss (SL): $607.53
Market Outlook:
Momentum is clearly favoring the bears as BNB struggles below critical resistance levels. A failed reclaim of $602 will strengthen downside pressure toward the lower demand zone around $576.