#BNB
$BNB/USDT – Bearish Exhaustion After Failed Breakout!
🚫 Rejected at $804
📉 Bearish Candles Stacking at the Top
After a strong rally from $771.50, $BNB failed to hold above the crucial $800 resistance. Although price spiked to $804.70, it quickly retraced, forming lower highs and a series of red candles on the 1H chart — a clear sign of buyer exhaustion and potential distribution.
🔻 Short Setup:
Entry: $795–$797
Target 1: $784
Target 2: $777
Stop Loss: $805
Volume is fading on the bounce, while bearish pressure builds just below resistance. If bulls can’t reclaim $800 soon, further downside looks highly probable.