$BNB — Breakdown Continuation Setup
I am using this trade plan: Short
Entry: 610.5 – 612.5
Stop Loss: 618.5
Target 1: 608.0
Target 2: 604.0
Target 3: 599.9
$BNB is showing clear weakness after rejecting the 618–620 resistance zone and breaking below the local support structure. Price is now struggling to reclaim 612.5, keeping the short-term momentum bearish.
As long as 612.5–613.0 remains resistance, the setup favors further downside toward 608, 604 and potentially 599.9. A strong reclaim above 618.5 invalidates the bearish setup.
#SenateDelaysCLARITYActVoteToSeptember #SuperMicroForecastsAboveEstimatesSharesJump9% #OCCSaysDigitalFirmsCanSeekNationalBankStatus
I am using this trade plan: Short
Entry: 610.5 – 612.5
Stop Loss: 618.5
Target 1: 608.0
Target 2: 604.0
Target 3: 599.9
$BNB is showing clear weakness after rejecting the 618–620 resistance zone and breaking below the local support structure. Price is now struggling to reclaim 612.5, keeping the short-term momentum bearish.
As long as 612.5–613.0 remains resistance, the setup favors further downside toward 608, 604 and potentially 599.9. A strong reclaim above 618.5 invalidates the bearish setup.
#SenateDelaysCLARITYActVoteToSeptember #SuperMicroForecastsAboveEstimatesSharesJump9% #OCCSaysDigitalFirmsCanSeekNationalBankStatus