$BNB Breakdown in Play, Bears in Control! 🛑
BNBUSDT
Perp
599.78
-4%
Binance Coin just flashed a powerful short signal as price broke critical support at $616 and plunged to $603.68, down -2.60%. Clear Break of Structure (BOS) confirms bearish market flow.
Chart Breakdown:
BOS triggered on the drop below $616
Clean rejection from supply zone after a failed rally
Price now retesting minor demand—watch for continuation sell-off if $600 breaks
Short Setup Idea:
Entry Zone: $605–$608 (after retest)
Target: $595
Stop Loss: $617
RR: ~2.5+
Why it matters?
Momentum is strong, sellers are active, and $BNB is riding the bearish wave like the rest of the market.
Pro Tip: Confirm entries on lower timeframes for tighter control and better RR.
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