$BNB Trade Setup: Bearish Momentum in Play

$BNB is flashing warning signs for bulls as it struggles to hold ground near the $1,320 resistance level. After multiple failed attempts to break higher, sellers have taken control, dragging the price below $1,305 — a clear signal of short-term weakness.

📌 Trade Parameters:

- Entry Point: $1,303

- Target Price: $1,271

- Stop-Loss: $1,317

📉 Technical Breakdown:

The price action suggests a bearish continuation as long as $BNB remains under the $1,310 threshold. Momentum favors the downside, and a sustained breakdown could see the asset testing the $1,270 support zone before any meaningful bounce.

This setup favors short positions with tight risk management. Keep an eye on volume and price reaction near key levels for confirmation.

🔴 Short BNB with caution — the bears are steering the ship.