$BNB analysis:
- Bearish Trend:
- Locked in a downward channel
- Rejected from key supply zone, sellers in control
- Trade Setup:
- Entry Zone: 650-654 (short on rejection)
- Targets: 640, 628
- Stop Loss: Above 657
- Why It Matters:
- Clear lower highs and lows in descending channel
- Strong resistance indicated by FVGs and liquidity sweeps
- Pro Tip:
- Watch channel bottom for bounce or breakdown
- Long entry requires reclaiming 655+ zone with volume.
