Trade Signal – BNB/USDT Short Setup
Pair: BNB/USDT
Exchange: Binance (Perpetual Futures)
Timeframe: 1H (Hourly)
Direction: 📉 Short (Sell)
🔽 Entry Zone:
Entry Price: $648 – $652 (current supply zone + rejection)
🎯 Target Levels:
TP1: $640
TP2: $632
TP3: $620
🛑 Stop Loss:
SL: $658 (above recent minor high)
🔍 Technical Reasoning:
Lower highs and lower lows forming since the May 12 peak
Price rejecting around $652 resistance multiple times
Declining volume during upward retracements, showing weak bullish momentum
Horizontal support near $640 might be tested again
Trend shifting to bearish in the short term
⚠️ Risk Management:
Risk 1–2% of capital per trade
Adjust position size accordingly
Trail stop once TP1 is hit or lock in profits