$BNB /USDT short trade signal 🚦 🛑
BEARISH REVERSAL IN PLAY — REJECTION FROM SUPPLY ZONE SPOTTED
Price has once again failed to hold above the $601 resistance, confirming rejection from the upper supply zone. After multiple failed attempts to break higher, bearish pressure is increasing. The current structure suggests a downside move is likely toward the lower support near $591.
Trade Setup:
Entry (Short): $598 – $600
Take Profit (TP): $591
Stop Loss (SL): $602.5
Market Outlook:
BNB is showing weakness after repeated rejections from a key resistance zone. With lower highs forming and bearish volume increasing, a continuation to the downside looks favorable unless price reclaims above $602.
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