$BNB
USDT Short Trading Alert: Bearish momentum extends downward! 🔥💯
BNB/USDT has broken the key support level at $540, confirming strong bearish pressure. Price action remains weak, with sellers dominating, and lower lows reinforcing the downward trend. The failure to reclaim the $545-$550 area indicates further downside potential. Increased volume on the sell side reinforces the bearish sentiment. Expect more weakness unless BNB closes above $550.
Entry Price: $538.36
Take Profit (TP): $526.00
Stop Loss (SL): $545.00
BNB remains susceptible to deeper declines if the $535 support fails to hold. Monitor increased sell volume and failure to reclaim key resistance levels as a guide for further downside. A break below $536 will open the door for $526 and possibly lower.
