🚨 $BNB /USDT short trade signal 🔴Breakdown Alert: Is the Bull Out of Fuel? 🔻
$BNB /USDT is showing signs of exhaustion after failing to hold above $630. With price currently at $619.40 (-1.53%), the bears are slowly regaining control.
🔍 Technical Snapshot:
📉 Parabolic SAR signals reversal: SAR = $645.25 (Bearish pressure confirmed)
📊 MA(5) > MA(10): Weak short-term momentum
📉 24h Low: $601.25 — retest likely!
🔻 Volume divergence shows selling dominance
🧨 Bearish Trade Setup:
Entry Zone: $620 – $625 (ideal short entry range)
Stop-Loss: $640 (above SAR level)
Targets 🎯:
Target 1: $602 – Retest of local low
Target 2: $585 – Support from early June
Target 3: $550 – Major support zone
🧠 Caution: If BNB breaks above $645 with volume, bears may need to exit!
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