$BNB /USDT short tread signal
SHORT TRADE SIGNAL – BEARISH REVERSAL AFTER REJECTION FROM $653 ZONE!
BNB has dropped sharply from the $653.81 resistance, breaking below $650 support with strong red candles on the 15-min chart. The Parabolic SAR has flipped above price action, confirming a short-term downtrend. Sellers have stepped in aggressively around $650.11, leading to a decisive breakdown.
Trade Setup (SHORT):
Entry Price: $648.00 – $651.00
Target 1: $644.00
Target 2: $639.50
Stop Loss: $654.20
Why Short?
BNB’s failure to hold above $650, combined with the Parabolic SAR signal and increasing bearish momentum, confirms a short setup. Lower highs and lower lows are forming, with price currently hovering at intraday lows ($647). If volume continues to rise on red candles, deeper correction is expected.
Risk Management Tip:
Move your stop-loss to breakeven once TP1 is hit. Monitor $644 for reaction — if broken cleanly, trail your stop for extended downside gains.
Sell smart — don’t chase green candles when the trend is turning red!