$BNB /USDT – SHORT SETUP AS RALLY STALLS NEAR RESISTANCE
$BNB hit a recent high at $781.99 but failed to hold momentum, now pulling back to $754.41 (-0.98%). Price is forming a lower high after a strong rally, signaling potential short-term weakness.
Why This Looks Bearish:
• Rejection near resistance at $782
• Bearish candle formation on 4H chart
• Volume fading as price pulls back
• Momentum slowing after extended move from $675
SHORT TRADE SETUP:
• Entry Zone: $755 – $765
• Target 1: $740
• Target 2: $716
• Stop Loss: Above $785
Outlook:
A pullback toward the $740 and $716 zones is likely if sellers maintain pressure. Watch for confirmation before entry and manage risk tightly.
