🔴 $BNB /USDT – Short Bias Formation
$BNB is showing resistance near $620–624, with the price struggling to maintain higher levels. The momentum favors sellers as lower highs are formed, indicating a possible continuation to the downside.
This is a trend continuation setup, not a buy the dip opportunity.
📉 Short Trade Setup
Entry: 606 – 612 (on a minor pullback to resistance)
Target 1: 602
Target 2: 599
Target 3: 596 – 592
Stop Loss (SL): 616
Wait for the price to reject near the resistance before entering. Scale profits as the trend develops ⚡
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BNBUSDT
Perp
615.97
+0.53%