#CryptoFamily listen to me carefully…
$BNB setting up for a clean rejection from range high, downside looks ready to expand...📉🔥
Entry Range: 618 – 622
Stop Loss: 626
Targets:
TP1: 613
TP2: 610
TP3: 605
After a weak push upward, price failed to hold above resistance and started showing rejection wicks near the supply zone. Structure is forming a lower high inside the range, which is a clear sign of seller pressure building. This is not a breakout market, it’s a distribution phase where patience matters more than chasing.
We already saw a strong impulse move down earlier, and now price is consolidating in a tight box. This kind of structure usually leads to continuation in the same direction, which in this case favors shorts. As long as price stays below that resistance band, downside liquidity near 612 and below becomes the target.
Clean setup is to short the rejection, not the middle. Let price come into the zone, confirm weakness, then execute with discipline.
Invalidation: If price breaks and holds above 626, this setup is no longer valid and market may shift bullish.