$BNB USDT – BEARISH RETEST UNDERWAY, SHORT SETUP ACTIVATED
REJECTION FROM 25MA
LOWER HIGH CONFIRMED
$BNB USDT is showing weakness after failing to reclaim the 25MA ($690.41), and price is now retesting below the 7MA ($685.21) on the 1H chart. The recent bounce from $679.63 looks corrective, suggesting more downside pressure may follow.
Short Trade Setup (1H Chart):
Entry Zone: $684 – $686
Target 1: $677
Target 2: $670
Stop Loss: $691
The structure remains bearish unless price closes above the 25MA with strength. Watch for a potential continuation of the downtrend.
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