$BNB

BEARISH ANALYSIS – KEY LEVELS AND SHORT SETUP 🔻🧊

BNB is currently trading at $628.95 (-1.80%), showing signs of weakening momentum after rejection from the recent high near $643.01. The trend appears bearish in the short term as sellers reclaim control below key resistance zones.

📉 Key Levels:

Resistance: $636 – $643 (strong supply zone 🚫)

Support: $621.94 ➤ $616 ➤ $608 (watch for breakdowns ⚠️)

📊 Current Price: $628.95

BNB is hovering just above the $624 minor support, but failure to hold this level could accelerate downside pressure.

🛠️ Short Trade Setup:

Entry: $628 – $630

Targets:

➤ TP1: $621

➤ TP2: $616

➤ TP3: $608

Stop Loss (SL): $638 (just above resistance)

🔒 Risk Management:

Use 2-3% of your capital per trade. Always set SL to avoid unexpected spikes! 📉📛

⚠️ Trend is weakening — trade cautiously with discipline! 📉💼

#ScalpingStrategy #USNationalDebt #MarketPullback #XSuperApp #GENIUSActPass