$BNB Recent rejection on the 5m chart keeps short-term pressure on the downside despite small recovery attempts.
Price failed to hold near 594.50 and was met with strong selling. The latest candles show weak buying after the drop, suggesting sellers still have the edge unless resistance is reclaimed.
Trade Setup: Short
Entry: $592.10 – $592.50
SL: $594.80
TP1: $591.20
TP2: $590.20
TP3: $589.00
If price breaks and holds above $594.80, I'll lose confidence in the short setup. Until then, the short-term structure remains bearish.
Trade only if it matches your own analysis, and always use proper risk management.
Trade Here On $BNB 👇
#bnb #USInitialJoblessClaimsStayBelow200K #ColdcardExploitFundsSentToMixers #JapanRegulatorsUrgeCryptoWithdrawalLimits
Price failed to hold near 594.50 and was met with strong selling. The latest candles show weak buying after the drop, suggesting sellers still have the edge unless resistance is reclaimed.
Trade Setup: Short
Entry: $592.10 – $592.50
SL: $594.80
TP1: $591.20
TP2: $590.20
TP3: $589.00
If price breaks and holds above $594.80, I'll lose confidence in the short setup. Until then, the short-term structure remains bearish.
Trade only if it matches your own analysis, and always use proper risk management.
Trade Here On $BNB 👇
#bnb #USInitialJoblessClaimsStayBelow200K #ColdcardExploitFundsSentToMixers #JapanRegulatorsUrgeCryptoWithdrawalLimits