💥 $BNB
USDT BEARISH REJECTION AT RESISTANCE – SHORT SETUP ACTIVATED! 💥
The market has shown a sharp rejection from its major resistance zone, indicating potential downside momentum ahead.
🔑 Key Levels:
Resistance: $657.8 – $664.0
Support: $650.0
Current Price: $655.5
📉 Trade Setup (Short Entry):
Entry Zone: $655.8 – $657.8
Targets (TP):
TP1: $652.0
TP2: $650.0
Stop Loss (SL): $659.0
📊 Market Outlook: BNB is struggling to break above its previous resistance and forming a potential lower high, suggesting weakness. Sellers are regaining control, with bearish engulfing formations strengthening this short setup towards $650 support.
⚠️ Risk Management: Always use SL to protect capital. Only risk 1-2% of your total account per trade to maintain consistency and psychological stability.
👇 Comment 🟥 if you are SHORTING this setup, or 🟩 if you are staying out!
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buy and trade here on $BNB