🚨 $BNB /USDT — Intraday Momentum Check
BNB
608.66
-0.30%
Price is testing resistance after recent bounce, but structure shows caution: MA60 (15m) above current price acting as dynamic resistance.
$BNB – SHORT/WAIT SETUP
Short Entry Zone: 612.00 – 614.00
Stop Loss: 618.50
Take Profit Targets:
TP1: 605.80
TP2: 598.50
TP3: 590.00
Invalidation / Long Flip:
Reclaim above 619 → bullish bias resumes
Upside targets: 626 / 635
Why this setup?
• Price below MA60 on 15m → short-term bearish bias
• Lower highs forming on intraday structure
• Volume not supporting recent push → weak buyers
• ATR low → potential snap if sellers defend
Debate:
Is this consolidation a precursor to a sharp downside…
or just a fakeout before breakout above 620?
⚠️ Wait for level confirmation. Protect capital. Avoid chasing.