$BNB /USDT ā BEARISH BREAKDOWN IMMINENT šØš
š TECHNICAL ANALYSIS:
$BNB is currently trading at $641.11, showing signs of weakness after failing to hold above the $654 resistance zone. The asset has printed lower highs on the 1H and 4H charts, suggesting increasing selling pressure.
š KEY LEVELS:
Resistance: $654 š„ / $660 šŗ
Support: $637 šØ (Immediate), $631 š¦ (Major support)
Current Price: $641.11 ā ļø
š TRADE SETUP ā SHORT POSITION:
Entry: $641 ā $643 zone
Stop Loss (SL): $655 (above resistance wick) ā
Take Profit (TP):
TP1: $637 ā
TP2: $631 š
TP3: $620 (if momentum continues) š
š¼ RISK MANAGEMENT:
Use 1-2% of your capital per trade. Stick to SL strictly. Risk/Reward Ratio ā„ 2:1 ensures sustainable trading šš°
ā ļø Trade smart, respect the trend, and protect your capital!
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