$BNB /USDT BEARISH RETEST IN PROGRESS – WATCH FOR BREAKDOWN!
$BNB is showing signs of weakness after failing to hold above the $660–$664 range. The price is currently hovering near $651 with consistent lower highs forming, indicating selling pressure. If the $648–$646 support zone breaks, a sharper move down could follow.
Trade Setup (SHORT):
Entry: $651 – $656
Target 1: $640
Target 2: $624
Stop Loss: $664
Why Short?
Price action is compressing below key resistance levels with no bullish volume support. The recent rejection from $664 and bearish hourly structure point toward a potential continuation to the downside. A confirmed close below $646 will validate this breakdown.
Risk Management Tip:
Use tight SL at $664 and trail it as the move develops. Watch for fakeouts and stay alert near key support.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
