$BNB SHORT SETUP â BEARS TAKING CONTROL ABOVE 597 đ„
Entry: 585.48â586.83 đ„
Target: 577.37 đ
Stop Loss: 597.50 â ïž
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
đ„
Entry: 585.48â586.83 đ„
Target: 577.37 đ
Stop Loss: 597.50 â ïž
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
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