$BNB /USDT BEARISH TURN AFTER FAILED BREAKOUT — SELLERS TAKING CONTROL
The recent breakout attempt toward the $697 resistance was sharply rejected, resulting in a sequence of lower highs and red candles on the 1-hour chart. BNB has now dropped to $683.80, suggesting that bullish momentum has weakened and short-term selling pressure is taking over.
Trade Setup: (Short Position)
Entry Zone: $684 – $688
Take Profit (TP): $675
Stop Loss (SL): $692
Market Outlook:
BNB failed to sustain above $692 resistance, forming a local top near $697. If it breaks below $680, the next major support lies at $672. Traders should watch for bearish continuation patterns.
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