🔻 $BNB /USDT – Short Trade Setup Forming at Trendline Rejection! 🚨

BNB is rejecting from the ascending trendline resistance after a strong attempt to break out. Price is stalling at a key supply zone, with signs of weakness emerging as candles begin to roll over.

📊 Market Structure:

Ascending trendline now acting as a resistance

Key supply zone rejecting price near $649

Support zone below at $644 is the next key level to watch

🧠 Key Technical Insights:

Bearish rejection candle printed at $648–$649

If price breaks the yellow zone and trendline, downside could accelerate

Clean risk-to-reward setup with major support target below

🎯 Trade Setup (Short):

Entry Zone: $647.50 – $648.00

Target 1: $646.00

Target 2: $644.00

Target 3: $639.00

Stop Loss: $649.30

✅ Pro Tip:

Watch for a strong bearish candle close below the trendline for confirmation. Don’t rush — let price confirm before executing.

⚠️ BNB showing signs of exhaustion — short setup could play out quickly if breakdown confirms! 📉🔥

$BNB

#NODEBinanceTGE #USCorePCEMay #BTC110KToday? #BinanceAlphaAlert #BinanceTGEXNY