$BNB

USDT – BOUNCE OR FAKEOUT? TREND REMAINS WEAK

MULTIPLE RED CANDLES SIGNAL STRONG SELLING

TEMPORARY SUPPORT FOUND AT $689.80

BNB is attempting a minor bounce after a sharp and consistent drop from above $706. Price found short-term support at $689.80, but the overall structure remains bearish on the 15-minute chart. A lower high formation could trigger another leg down.

TRADE SETUP

Direction: Short

Entry: $692.50

Targets (TP): $688 → $684

Stop Loss (SL): $696.50

Unless BNB reclaims $696+, this bounce may be short-lived. Bears still have control in the current structure.

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