$BNB

BNB/USDT — Breakdown Retest Setup

BNB/USDT is trading at $600.30, near the 24h low of $596.00 after being rejected from $623.17. Price broke below $605 with 55.80% ask dominance.

Trade Plan

Entry (Short): $603–$608 (On retest of broken support-turned-resistance)

Target 1: $596–$594 (24h low retest and breakdown)

Target 2: $590–$585 (Next support zone)

Stop Loss: $612 (Above breakdown level)

My View

BNB shows strong bearish momentum with lower highs and ask dominance. The higher probability trade is SHORT on retest of the $603–$608 resistance zone for continuation toward $590. No long setup until price reclaims $612 with volume and bid dominance.

#bnb

BNB
BNBUSDT
613.12
+1.22%