$BNB /USDT – Sharp Breakdown Alert! Bears Pressing Hard! 🚨
Current Price: $587.34 (-1.93%)
24H High / Low: $600.49 / $586.00
Market Structure:
BNB has broken below key support at $595, continuing a consistent downtrend on the 1H chart with strong red candles and no major recovery attempts.
Key Levels:
Resistance: $595 – $600
Support: $586 → $580
Short Trade Setup:
Entry Zone: $586 – $588
🎯 TP1: $580
🎯 TP2: $573
🛑 Stop Loss: Above $595
Pro Tip:
Watch for increased volume on the next bearish candle. If $586 breaks cleanly, a sharper fall is likely. Use trailing SL to lock profits.
Momentum favors the downside—ride the wave with tight control!
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