🔄 Signal – BNB/USDT: Neutral-Bearish Bias, Watch for Breakdown or Reversal
📊 Technical Overview
Current Price: $653.63
Structure: Lower high forming after rejection from ~$690
Volume: Declining during bounce – signaling weak buyer strength
Pattern: Potential descending triangle forming (bearish if confirmed)
🔻 Short Trade Setup (Bearish Bias)
If price breaks below $645 with volume, look for a short entry.
Entry: Below $645 (4H close confirmation)
Stop-Loss: Above $666 (previous lower high)
Targets:
TP1: $625
TP2: $610
TP3: $585
📈 Alternative Long Setup (Only if Reversal Confirmed)
If BNB reclaims $666+ and closes above resistance:
Entry: Above $666 (4H candle close)
Stop-Loss: Below $645
Targets:
TP1: $680
TP2: $700
TP3: $720 (if breakout continues)
✅ Signal Summary
Type: Conditional
Primary Bias: Bearish
Signal Trigger: Breakdown below $645
Invalidation: Strong 4H candle above $666
Confidence: ⭐⭐⭐⭐☆ if breakdown is confirmed with volume