Current Price: $586.06 (-2.08%) LiteFinance +3
24H High/Low: $600.30/$585.67
Market Structure: $BNB 
has decisively broken below the critical support level at $595, initiating a bearish trend on the 1-hour chart. The price action is characterized by strong red candles and a lack of significant recovery attempts, indicating sustained selling pressure.
Key Levels:
Resistance: $595 $600 Price Predictions +6
Support: $586 ā $580
Short Trade Setup:
Entry Zone: $586-$588
Take Profit (TP):
TP1: $580
TP2: $573
Stop Loss (SL): Above $595
Pro Tip: Monitor for increased volume accompanying the next bearish candle. A clean break below $586 could accelerate the downward movement. Consider using a trailing stop loss declines. ire profits as the prices decline.
#BNB #BNBUSDT #CryptoTrading #BearishTrend. #BNB_Market_Update