$BNB Facing Strong Rejection — Bearish Momentum Building 📉

Binance Coin ($BNB) has encountered a clear rejection after reaching a local top, with sellers stepping in aggressively. Price action shows weakening bullish strength and increasing bearish pressure, signaling a potential short-term downside move.

🔻 Short Setup: $BNB

Entry Zone:

$622 – $630

Stop Loss:

$638

Take Profit Targets:

TP1: $610

TP2: $595

TP3: $575

📊 Market Insight:

The recent upward push lacked strong follow-through, indicating buyer exhaustion. Bearish momentum is gradually building, and failure to reclaim resistance levels could trigger further downside toward key support zones.$

BNB
BNBUSDT
587.43
-5.92%