🔥 $BNB /USDT SHORT TRADE SIGNAL – SUPPLY ZONE REJECTION IN PLAY 🔥
Technical Analysis:
$BNB is facing strong selling pressure after rejection near the 872–875 resistance zone. Price is trading below key intraday resistance and struggling to reclaim the 860 level, indicating weakening bullish momentum. On the 1H and 4H timeframes, structure shows lower highs with price hovering below the short-term moving averages. Failure to hold above 853 increases the probability of a deeper pullback toward lower demand zones.
Trade Setup (Short):
• Entry: 855 – 860
• Targets:
TP1: 846
TP2: 830
TP3: 810
• Stop Loss: 875
Market Outlook:
The broader market is showing signs of short-term exhaustion near local highs. Large-cap altcoins like may continue corrective moves before the next major trend resumes.
#BNB #BNBUSDT #CryptoTrading #ShortTrade #Binance $BNB
