⚠️ $BNB /USDT BEARISH PRESSURE UNDERWAY – WATCH 618 SUPPORT CLOSELY!
$BNB /USDT is showing short-term weakness after rejecting near the 634–636 resistance zone and falling toward the 618 support area. Price is forming lower highs on intraday charts, indicating sellers are in control. As long as 618–620 holds, the short-term structure could stabilize, but a breakdown below 618 would likely trigger further downside toward 612–605.
Momentum currently favors bears while price remains under resistance.
📉 Trade Setup (Short – Continuation Play)
Entry: 618–620
Stop Loss (SL): 624
Targets (TP):
TP1: 612
TP2: 605
TP3: 600
🔎 A confirmed breakdown below 618 increases probability of further decline toward 600.
📈 Alternative Setup (Long – Reclaim Play)
If price reclaims and holds above 624:
Targets: 632 → 636
📊 Market Outlook
Short-term trend is bearish under resistance. Price consolidation near 618 will decide the next leg. Break below support could accelerate selling, while reclaim above 624 would shift momentum back to bullish
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