$BNB /USDT BEARISH BREAKDOWN IN PLAY – SHORT SETUP CONFIRMED
$BNB /USDT has broken below key support levels near 1,120 with strong bearish momentum. Price continues to post lower highs and lower lows, confirmed by declining EMA and a negative MACD crossover on the 1h and 2h charts. The 24h low near 1,075 is now acting as the next support, but with volume favoring sellers and RSI trending downward, a further drop is likely.
Order book sentiment reflects stronger selling interest, and layered resistance between 1,160–1,200 could cap any bounce attempts.
SHORT ENTRY: Below 1,070
TP1: 1,000
TP2: 960
SL: 1,160
Risk Management: Use strict stop-loss, risk only 1-2% per trade. Manage size based on volatility.
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