$BNB /USDT – LONG-TERM SHORT SETUP UNDERWAY 🔻
BNB has broken down sharply from its recent local high of $861.10 and is now trading at $779.34 on the 4H chart — a clear shift in momentum. The bearish structure is forming with lower highs and lower lows, signaling potential for deeper downside.
🔍 Technical Outlook:
• Breakdown from key zone near $800 confirms selling strength.
• Volume rising on red candles shows strong bearish conviction.
• Next major support sits around $742 and $720.
• Bulls must reclaim $800+ to regain control.
📉 Short Setup (Swing/Long-Term):
• Entry: $785 – $795
• TP1: $752
• TP2: $720
• TP3: $690
• SL: $815
Watch closely — if BNB fails to reclaim $800 soon, we could see an extended correction in the coming days.