$BNB USDT short tread signal 🛑
BEARISH REVERSAL ALERT – SHORT THE EXHAUSTION 🔻
Binance Coin is showing signs of exhaustion after its recent vertical rally. Price is struggling near resistance zones with rejection wicks forming, indicating that sellers are stepping in to trap late buyers and push the market down for a healthy correction.
📉 Trade Setup (Short)
Entry Zone: 648.50 – 649.50
Take Profit 1: 646.00
Take Profit 2: 644.50
Stop Loss: 650.50
💡 Market Outlook:
Momentum is fading as RSI approaches overbought on lower timeframes. A rejection from 649+ levels can trigger a sharp intraday pullback towards previous support zones at 646 and 644.5. Monitor for a clean bearish engulfing or wick rejections to confirm aggressive entries.
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buy and trade here on $BNB