$BNB /USDT BEARISH RETRACEMENT: SHORT ENTRY FROM FIBONACCI REJECTION
$BNB has failed to hold above the 23.85% Fibonacci level on the daily chart, showing signs of exhaustion after a strong rally. The rejection near the 885–900 zone aligns with historical resistance and weakening momentum, suggesting a short-term pullback is likely.
ENTRY: Short below 875 confirmation candle
TARGET 1: 855.40
TARGET 2: 832.60
STOP LOSS: 890.20 (above recent wick and Fib resistance)
Bearish divergence and fading volume support the retracement thesis. Price action favors sellers unless bulls reclaim the 900 zone with conviction.
Risk Management: Limit exposure to 1–2% of capital. Avoid overleveraging. Trail stop once Target 1 is hit to lock in gains.
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