Here’s the explanation for the second $BNB entry.
The market has been breaking its structure to the downside, which shows weakness. Price pulled back into the 50 percent Fibonacci zone around 888.41, where I marked the level on the chart. At that point, the candles showed a buy trap. Liquidity was taken, and sellers stepped in again.
That is the exact area where our sell entry becomes valid.
Entry Zone: 887 – 889
Stop Loss: 904
Targets:
• TP1: 870
• TP2: 862
• TP3: 854 (major downside target)
This setup follows the overall market structure, a clean liquidity sweep, and a Fibonacci retracement, giving us a clear continuation sell opportunity.
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