$BNB /USDT Short Term Update 📊

BNB is trading near 616.5 after a rejection from the 626 area. Price is moving in a tight intraday range and facing short term resistance near 622 to 626. Momentum looks weak on lower time frames and sellers are active near the top zone.

🔹 Short Setup

Entry: 620 to 624

SL: 629

TP1: 612

TP2: 605

TP3: 598

Price already failed to hold above 626 high and is now struggling below resistance. If 620 to 624 zone holds as supply, we can see a pullback toward 605 and possibly 598 support area. Volume spike near the top also hints at distribution.

Invalidation: If price closes strong above 629, short setup will be invalid.

Manage risk properly and use low leverage in short term trades.

Trade $BNB here 👇