$BNB
USDT – BEARISH BREAKDOWN AS PRICE REJECTS KEY RESISTANCE ZONE! 🔻
$BNBUSDT is showing a bearish move after multiple rejections from the strong resistance zone around $661.93, currently trading at $658.14 (-0.44%), indicating seller dominance in the short term.
🔑 Key Levels:
Support: $654.50 – immediate target support zone
Resistance: $661.93 – strong rejection area
Current Price: $658.14
🎯 Trade Setup:
SHORT ENTRY:
Entry Zone: $658.50 – $659.50
Take Profit 1: $656.00
Take Profit 2: $654.50
Stop Loss: $661.20
📊 Market Outlook:
The price has formed a lower high structure with strong bearish candles rejecting resistance, suggesting further downside momentum towards support. If price sustains below $659.00, bearish continuation is likely intraday.
⚠️ Risk Management:
Trade with discipline, use strict SL to protect capital, and risk only 1-2% per trade to maintain consistent profitability during volatile reversals.
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buy and trade here on $BNB