$BNB /USDT BEARISH BREAKDOWN — SHORT SETUP CONFIRMED!
BNB faced a sharp sell-off after failing to sustain above $690, dropping to a low near $650. The recent bounce to $658.33 shows weak recovery with sellers still dominating. Unless it reclaims above $665–670 range, further downside is likely.
Trade Setup:
Short Entry: $660–663
Take Profit (TP): $648 / $640
Stop Loss (SL): $672
Market Outlook:
BNB remains under bearish pressure on the 15-min chart with no strong reversal signals yet. Volume is rising on red candles — a sign of continued distribution. Only a strong reclaim above $675 would negate this short setup.
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