$BNB USDT REJECTED AT LOCAL RESISTANCE — SHORTS GAIN THE UPPER HAND 🔻
$BNB attempted a recovery after a sharp sell-off but got rejected near the $624 zone, forming a potential lower high. This signals exhaustion in bullish momentum and a possible continuation of the downtrend.
TRADE SETUP:
🔴 Short Trade Signal
📥 Entry Point: 620 – 623
🛑 Stop Loss: 630
🎯 Take Profit 1: 610
🎯 Take Profit 2: 602
📊 Leverage: 10x
💰 Margin: 2-3% of wallet
MARKET OUTLOOK:
Despite a relief bounce, BNB remains in a bearish structure on the 1H chart. If 616 support breaks again, sellers may drive price toward the 600 psychological level. Watch closely — momentum is shifting.
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