$BNB SHORT TRADE SETUP – Targeting $604.50
$BNB just rejected hard from the $614.13 resistance zone and is breaking below key support levels. Sellers are clearly in control, pushing price into lower zones with strong bearish momentum.
📊 Trade Setup:
• Entry Zone: Around $609.00 – $610.50
• TP: $604.50 (Support base)
• Stop-Loss: Above $614.13 (Previous rejection zone)
🔎 Key Highlights:
• Resistance Rejection: Price faced strong selling at the upper block.
• Lower Highs: Bearish structure forming with continued downward pressure.
• Momentum: Strong red candles confirm short-term bearish trend.
As long as BNB remains under $611.00, the downside scenario is favored. Watch for confirmation below $607.00 to hold the short.