BNB Market Update - Bearish Momentum is Building
Trading Signal: Short Below 620 (Bearish Control)
Entry Zones:
619-620
623-625
Take Profit Levels:
TP1: 616
TP2: 610
TP3: 605
TP4: 600
Stop Loss: 628
bnb Key Levels
Current: 619.51
Range: 621.00
Critical Levels:
Resistance: 621 → 628
Support: 620 → 616
Market Structure:
Rejected at middle BB (628)
Testing lower BB (620) as support
Bearish RSI divergence forming
Next Moves:
Breakdown:
Close below 620 → 616 target
Strong volume confirms continuation
Recovery:
Must break 628 to flip bullish
Then 636 (Upper BB) in play
Bollinger Bands:
Price pressing lower band
Bands slightly expanding
Middle BB (628) now resistance
