$BNB has failed to hold above the recent intraday highs and is showing clear weakness after rejection near the upper range. Price is hovering below key resistance while momentum fades, signaling a high probability of continuation to the downside before any meaningful bounce.

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📉 TRADE SETUP (SHORT BIAS)

Entry Zone:

• 622 – 628 (sell on pullbacks / rejection)

Take Profits:

• TP1: 610

• TP2: 600

• TP3: 585

Stop Loss:

• 645 (clear invalidation above resistance)

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🔍 SHORT MARKET OUTLOOK

Momentum is slowing after a failed push higher, and price is trading below local resistance with sellers defending aggressively. Trend on lower timeframes has shifted bearish, while 600 remains a critical liquidity magnet. A breakdown below 610 can accelerate selling pressure. Bulls need a strong reclaim above 645 to flip the structure — until then, rallies look like sell opportunities.

Buy and trade here on $BNB

BNB

591.06

-5.42%

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