$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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