$BNB /USDT – BEARISH MOVE INCOMING
BNB is showing signs of weakness after failing to hold recent highs. With current price at $657.88, the chart structure indicates a potential short-term bearish reversal.
KEY LEVELS:
Resistance: $664 – Major supply zone where price rejected.
Support: $650 – Key demand zone; break below could accelerate sell-off.
Current Price: $657.88
TRADE SETUP (SHORT):
Entry: $658–660 (upon rejection near resistance)
Targets (TP):
TP1: $652
TP2: $645
TP3: $635
Stop Loss (SL): $666 (just above resistance zone)
RISK MANAGEMENT:
Never risk more than 1-2% of your capital per trade. Use proper position sizing and stick to your SL. Let profits run, but protect capital first!
Always wait for confirmation before entering! #DayTradingStrategy #DayTradingStrategy #SpotVSFuturesStrategy #OneBigBeautifulBill #Write2Earn $BNB