$BNB /USDT short trade signal 🚦 🛑
PERPETUAL – BEARISH MOMENTUM BUILDING AS KEY SUPPORT UNDER THREAT
BNB is currently trading near $593.20, struggling to reclaim strength above the $600 level. The price has formed a series of lower highs and is now pressuring the $585 support zone. If this level breaks, it could trigger a sharp move down toward $575 and beyond. Momentum indicators are leaning bearish, signaling a potential short opportunity.
Trade Setup (SHORT):
Entry Price: $591
Take Profit (TP): $582 / $575
Stop Loss (SL): $599
Market Outlook:
BNB is showing signs of distribution, with weakness in buying pressure and increasing chances of a breakdown. A clean breach of $585 could open the gates for further downside. Ideal conditions for a tactical short with risk-managed positioning.
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buy and trade here on $BNB