$BNB

USDT BEARISH SETUP – SELLERS TAKING CONTROL AFTER DOUBLE BLOCK FORMATION

Price action on BNBUSDT has formed a clear bearish block structure, suggesting further downside in the short term as momentum shifts to sellers.

🔑 Key Levels:

Resistance: $664.86 - $664.88

Current Price: $658.72

Support: $650.92 – $649.70 zone

📉 Trade Setup (Short):

Entry Zone: $659 – $660

Take Profit Targets:

TP1: $655

TP2: $650

Stop Loss: $665

📊 Market Outlook: BNB is currently rejecting the upper resistance block and is trading below it, confirming bearish market structure. If price remains under $660 with consistent rejection candles, it could trigger a move towards the $650 support zone.

⚠️ Risk Management: Trade with 2-3% of your wallet risk. Avoid over-leveraging as volatility near major levels can trigger wicks before continuation.

💡 Summary:

Watch for a clear bearish continuation below $660. Patience and tight risk management remain key for this potential breakdown play.

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