$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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