📉 BNB/USDT – Short Signal Alert (4H)
Current Price: ~$649.37
24H Range: $640.88 – $649.80
Volume: 68.42K BNB
Trend: Weakening bullish momentum with bearish engulfing pattern
🔻 Short Setup Details:
Entry (Short): $648 – $655
TP1: $628
TP2: $610
Stop-Loss:
$663 (above recent wick high)
📌 Technical Breakdown:
Sharp rally followed by lower highs and volume spikes near the top, signaling possible distribution.
A strong bearish candle just broke near-term support around $650 with increasing sell volume.
This structure suggests a potential trend reversal or pullback from recent highs.
🧠 Smart Strategy:
Ideal short entries are on a weak retest of $650–655 zone. Target lower liquidity zones as momentum cools off.
✅ Signal Summary (for ranadanialbabar):
BNB showing signs of exhaustion after an extended move up. Bearish confirmation present on high volume drop.