$BNB USDT short tread signal 🚦 🛑
BEARISH BREAKDOWN – THE RISING CHANNEL JUST SNAPPED! 🔻
BNB has broken down from its rising channel pattern, rejecting strong resistance near $661. This rejection indicates bears are gaining control, and the market is likely to continue its downward momentum in the short term.
🔹Trade Setup (Short)
Entry Zone: 658 – 659
Targets:
➔ TP1: 656
➔ TP2: 654.73
Stop Loss: 661.50
🔹Market Outlook:
After multiple failed attempts to break above $661 resistance, BNB broke below its rising channel, confirming bearish momentum. If price sustains below $659, expect further downside towards $654 support. Volume confirms sellers stepping in aggressively.
⚠️Risk Management:
Always risk only 1-2% per trade to protect your capital in high volatility setups.
#BNB #BNBUSDT #CryptoTrading #BearishSetup #PriceAction
buy and trade here on $BNB