🚨 $BNB SHORT SETUP REJECTION SIGNALS SELLERS ARE BACK
📌 Trade Setup: SHORT
Entry: $606.50 – $607.20
🔥 Targets:
TP1 ➜ $605.00
TP2 ➜ $603.50
TP3 ➜ $602.06
❌ Stop Loss: $608.92
Why? BNB is rejecting the $607–$608 resistance area after a sharp intraday decline. The 1H structure remains bearish, keeping downside continuation in focus.
📰 NEWS: BNB Chain is preparing the Pasteur hardfork for August 25, aimed at improving transaction capacity and network security. While the upgrade is fundamentally positive, the current price structure remains weak and is showing near-term selling pressure.
A rejection below $607 strengthens the short setup. A move above $608.92 invalidates the trade.
Click here to Trade 👇
📌 Trade Setup: SHORT
Entry: $606.50 – $607.20
🔥 Targets:
TP1 ➜ $605.00
TP2 ➜ $603.50
TP3 ➜ $602.06
❌ Stop Loss: $608.92
Why? BNB is rejecting the $607–$608 resistance area after a sharp intraday decline. The 1H structure remains bearish, keeping downside continuation in focus.
📰 NEWS: BNB Chain is preparing the Pasteur hardfork for August 25, aimed at improving transaction capacity and network security. While the upgrade is fundamentally positive, the current price structure remains weak and is showing near-term selling pressure.
A rejection below $607 strengthens the short setup. A move above $608.92 invalidates the trade.
Click here to Trade 👇