$BNB has faced a strong bearish impulse after failing to hold the previous consolidation range. Price broke down with high momentum, forming lower highs and lower lows, indicating sellers are firmly in control. The recent minor pullback looks corrective, offering a potential continuation short rather than a reversal.
Trade Setup (Short):
• Entry: 800 – 810
• TP1: 770
• TP2: 745
• TP3: 710
• SL: 830
Market Outlook:
Overall market structure remains bearish. As long as price stays below the broken support zone and fails to reclaim 830, further downside continuation is favored. A strong bullish reclaim would invalidate this setup.
