Binance Coin ($BNB ) is showing clear weakness near a major resistance zone, and price action suggests a potential bearish continuation if key support levels fail. Traders should stay alert as volatility is expected to expand once confirmation is achieved.
๐ BNB Trade Setup Details
Asset: $BNB
Market Bias: Bearish continuation
Structure: Breakdown-based short setup
๐ป Entry Zone (Breakdown):
$900 โ $860
โ ๏ธ Confirmation Trigger:
โ๏ธ Daily close below $850 (key support loss)
๐ Stop-Loss:
$1,000 (above major resistance to avoid fakeouts)
๐ฏ Profit Targets
TP1: $820 โ $780
TP2: $740 โ $700
TP3: $650 (extended downside if momentum accelerates)
๐ Why This Short Setup Makes Sense
โ Repeated rejection near higher resistance levels
โ Weak daily structure signaling distribution
โ A decisive break below $850 opens room for a liquidity-driven move lower
โ Below $780, downside momentum could accelerate rapidly
โ ๏ธ Risk Note:
BNB is a major coin and can produce sharp bounce reactions from strong supports. Strict risk management is essential, and partial profits are advised at each target.
๐ This setup activates only after confirmation. Do not front-run.
๐ฌ For questions, guidance, or trade management tips, comment below.
We trade with structure, not emotions.
๐ค Brother โ #incomecrypto
#BNB #BNBShort #CryptoTrading #BreakdownTrade #BinanceAnalysis
