$BNB
/USDT BEARISH SETUP: PRICE REJECTS RESISTANCE ZONE, DOWNSIDE TARGETS IN SIGHT!
Price has tapped into the key resistance area near $599 and faced immediate rejection, forming a lower high and indicating selling pressure. This confirms a short-term bearish setup as buyers fail to regain control above the $600 level.
Trade Setup (Short):
Entry: $597 – $599
Take Profit (TP): $595 / $593.50
Stop Loss (SL): $600.50
Market Outlook:
BNB is showing signs of weakness on lower timeframes with clear rejection from resistance and a potential continuation toward the previous demand zone. A short trade is favored as long as the price remains below $600. Always maintain tight risk management.
Command: "Watch the rejection and ride the breakdown!"
#CryptoTrading #BNBAnalysis #BearishSetup #BinanceFutures #AltcoinAlert
