$BNB SHOWING BEARISH SIGNALS – POTENTIAL SHORT FROM RESISTANCE! 🚨📉
$BNB is currently trading at $652.90 (-0.30%), after facing rejection from the $659–$660 resistance area. Despite its strong overall trend, current price action shows signs of exhaustion with lower highs forming on intraday timeframes and volume tapering off.
🔻 BEARISH TECHNICAL SETUP (SHORT TRADE)
Entry (T1): $653.00
T2: $640.00
T3: $625.00
Stop-Loss: $661.00
📉 A drop below $647.30 (24h low) could accelerate the downside move. Short-term traders should be cautious, as market structure hints at a minor correction before any potential bullish continuation.
💼 Risk Management:
Limit position size to 1–2% of your capital. Set SL strictly and don’t chase entries. Stay focused. 🛡️
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