$BNB

BNB/USDT – Major Swing Setup Forming

Daily trend remains strongly bearish.

Structure is clear: lower highs, lower lows.

Supertrend has not flipped yet.

Current price: 606

Recent low: 570

Key supply zone: 640–660

The logical move is not to chase price below 600.

Wait for value. Let price come to you.

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Primary Scenario (Higher Probability)

SHORT on pullback

Entry: 640–660

SL: 705

TP1: 570

TP2: 520

TP3: 480

If price rejects from supply, this is continuation — not guessing.

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Alternative Scenario (If Structure Shifts)

BUY only after a daily close above 670

SL: 610

TP: 720–780

Without a break of structure, reversal is just hope.

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Conclusion:

Market is still in a distribution phase.

Disciplined traders wait for retracement.

Emotional traders chase red candles.

Positioning matters more than prediction.

Is BNB preparing for another leg down — or setting a trap?