$BNB — Bearish Setup on 1H Chart 📉

BNB is showing clear weakness on the 1H timeframe after failing to hold above the $655 resistance zone. Price is forming lower highs, suggesting growing selling pressure and a potential continuation to the downside.

Trade Plan

🔴 Entry Zone: $645 – $650

🛑 Stop Loss: $665

🎯 Take Profit Targets

TP1: $630

TP2: $615

TP3: $600

Market Outlook

If price remains below the $655 resistance, sellers may continue to dominate the structure and push BNB toward the $630–$600 support region.

However, a strong reclaim above $665 would invalidate the bearish setup.

📊 Bias remains bearish while price trades below resistance.

BNB
BNBUSDT
675.82
+1.89%