$BNB

BNBUSDT PERP: BEARISH REVERSAL IMMINENT! 🚨

Price: $671.89 (+1.10%)

Setup: Classic bull trap loading—proceed with caution.

Key Warning Signs:

STOCHRSI: Overbought (86.1) → Momentum stalling

OBV: -855K → Whale distribution in stealth mode

Resistance: $679.62 (Upper BB rejection) → Fake breakout alert!

Bearish Targets:

Target 1: $664.57 (24h Low)

Target 2: $658.18 (Lower BB) → Potential 10% downside!

Why the Drop?

MACD: Weak crossover (+0.19) = False bullish momentum

Volume: Rising price, shrinking volume = No conviction

Survival Strategy:

Short Zones: Near $675 or breakdown below $668.90

Stop-Loss: Tight above $678 (24h High)

Take-Profit: Scale out at $665 / $658

Summary:

Smart traders don’t chase pumps. This setup screams exhaustion. Let the chart talk—be on the right side of the reversal.

#BNB #CryptoTrading #TechnicalAnalysis #ShortTheTop #BNBUSDT