$BNB SHORT SETUP โ BEARS TAKING CONTROL ABOVE 597 ๐ฅ
Entry: 585.48โ586.83 ๐ฅ
Target: 577.37 ๐
Stop Loss: 597.50 โ ๏ธ
This short entry sits right at a daily resistance zone that has rejected price twice before. The last time BNB touched this area, it dropped 4% within 12 hours. Volume is already declining on the bounce, signaling weak buying pressure behind this move.
The risk-to-reward on this first target is above 1:2 if you scale out. Are you shorting here or waiting for a local rejection candle first?
Not financial advice. Always manage your risk.
#BNB #ShortSetup #ResistanceTrade #Crypto
๐ฅ
Entry: 585.48โ586.83 ๐ฅ
Target: 577.37 ๐
Stop Loss: 597.50 โ ๏ธ
This short entry sits right at a daily resistance zone that has rejected price twice before. The last time BNB touched this area, it dropped 4% within 12 hours. Volume is already declining on the bounce, signaling weak buying pressure behind this move.
The risk-to-reward on this first target is above 1:2 if you scale out. Are you shorting here or waiting for a local rejection candle first?
Not financial advice. Always manage your risk.
#BNB #ShortSetup #ResistanceTrade #Crypto
๐ฅ
