🔻 $BNB Bears Dominate as Price Hits Fresh Lows

BNB is locked in a sharp downtrend on the 15-minute chart, breaking key supports and forming consistent lower highs and lower lows. The recent drop to 821.79 confirms heavy selling momentum, with no bullish reversal signs in sight.

💹 Trade Plan — Short Setup

🔴 Entry: 823 – 825 on a small pullback

🛑 Stop Loss: 832 above last minor resistance

🎯 Target 1: 815 recent support

🎯 Target 2: 808 next major support

📊 Risk-Reward: Around 1:2 aiming for Target 2

📈 Why it matters

BNB failed to hold above 834, triggering a wave of selling. Multiple consecutive red candles show bears in full control, with momentum favoring further downside. No hammer or bullish engulfing patterns have emerged to suggest a reversal.

📊 Profit Probability

✅ High at around 70% if Bitcoin remains weak and overall market sentiment stays bearish

⚠️ A sharp BTC bounce could pressure shorts, so monitoring the broader market is key

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