$BNB / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after testing resistance.
Entry: $588.20 - $588.50 (around the current price, looking for bearish confirmation)
Stop Loss: $591.00 (just above the recent high)
Targets:
* $586.00 (recent low)
* $583.00
* $580.00 (below EMA(99))
Confirmation:
* Bearish candlestick forming after testing resistance around $590.
* Decreasing buying volume.
* Price breaking below short-term support levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-3x
Watch for: Strong bearish momentum to confirm the reversal. Be cautious if the price continues to rise above $591.00.
Trade here: click $BNB