🚨 $BNB Rejects MA99 — Breakdown Incoming?
$BNB / USDT – 1H
Current Price: 614.7
🔴 Short Setup
Entry: 613 – 616
SL: 623
TP1: 605
TP2: 598
TP3: 585
📉 Why This Setup?
• Strong rejection from MA99 (622 area).
• Lower high formed near 623 zone.
• Price back below MA7 & MA25 → short-term momentum flipped bearish.
• 609 liquidity already tapped once → second visit often breaks.
• Weak bounce after drop → sellers still in control.
Structure favors downside continuation while below 622–623 resistance.
⚖️ Debate
If BNB reclaims 623 with strong 1H close → this becomes a bear trap and upside toward 630+ opens.
But as long as price stays below MA99, bias remains bearish.
Breakdown or range fakeout? 👇
Manage risk properly.
Click here to trade ⚡👉$BNB
BNB
598.12
-2.28%