$BNB BREAKDOWN IS HERE — BEARS HAVE THE DOMINANCE
Strong Rejection Around $612.50 Can Lead to The Next Drop Leg
The setup is based on the robust 15M bearish breakdown after the rejection around $612.50.
This is the trading strategy I am applying: Short
Entry: 609.50 - 610.20
Stop Loss: 612.90
Target 1: 607.50
Target 2: 605.00
Target 3: 603.00
There is a strong rejection of the upper side by $BNB, and the selling pressure becomes aggressive.
The break of $609.50 level will speed up the movement towards the downside targets.
In case of
#TradersCutFedRateHikeBetsBeforeMid2027
Strong Rejection Around $612.50 Can Lead to The Next Drop Leg
The setup is based on the robust 15M bearish breakdown after the rejection around $612.50.
This is the trading strategy I am applying: Short
Entry: 609.50 - 610.20
Stop Loss: 612.90
Target 1: 607.50
Target 2: 605.00
Target 3: 603.00
There is a strong rejection of the upper side by $BNB, and the selling pressure becomes aggressive.
The break of $609.50 level will speed up the movement towards the downside targets.
In case of
#TradersCutFedRateHikeBetsBeforeMid2027