$BNB USDT BEARISH FAKEOUT CONFIRMED — STRUCTURE BROKEN, SELL PRESSURE UNLEASHED 🔻

$BNBUSDT has broken below key range support around $686, confirming a bearish fakeout from the top resistance near $696. The price is now trading at $685.60, with a sharp downward move expected as shown by the clean breakdown from consolidation. This setup signals strong downside momentum.

🔍 Key Levels:

Resistance: $696.00 (range top), $690.00 (breakdown retest zone)

Support: $665.00, $662.00, $660.00

Current Price: $685.60

📉 Short Trade Setup:

Entry Zone: $686.00–$690.00 (on minor bounce/retest)

Take Profit Targets:

• TP1: $665.00

• TP2: $662.00

• TP3: $659.00

Stop Loss: $696.50

📊 Market Outlook: Price has rejected the upper resistance zone multiple times and has now broken the range support with a clean bearish engulfing pattern. This signals exhaustion from bulls and dominance by bears. The market is likely entering a correction phase after a strong previous rally.

⚠️ Risk Management: Risk 2% of portfolio max, with tight SL at $696.50 to avoid fakeout traps. Stick to a 10x leverage cap and exit partially at each target to manage volatility.

🔔 Stay updated by following the trading community — precision entries can be the difference between red and green days.

Bear has entered the zone — catch the drop before it hits full speed.

#BNB #BearishBreakout #USCryptoWeek #ShortSetup #BinanceTrades

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