$BNB USDT short tread single 🔴
SHORT TRADE SIGNAL – SELLERS ACTIVE NEAR LOCAL RESISTANCE!
BNB failed to hold above the $670 resistance zone, showing weakness after testing the highs. With a lower high formation on the 4H chart and declining momentum, bears are likely to take control. Price action suggests a potential pullback if the $663 support breaks down.
🔸Trade Setup (SHORT):
Entry Price: $668 – $672
Take Profit 1: $653
Take Profit 2: $640
Stop Loss: $678
📉 Why Short?
Price is struggling below the $670 ceiling with visible rejection wicks and weakening RSI. Volumes are decreasing while volatility hints at a likely short-term correction. A break below $663 confirms bearish continuation.
⚠️ Risk Management Tip:
Use tight SL at $678. If BNB reclaims and closes above $680 with strong volume, reassess the bias. Position sizing is key — never risk more than 2–3% per trade.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
buy and trade here on $BNB