🚨 $BNB /USDT BEARISH BREAKDOWN INCOMING — SELL THE RALLIES 🚨
$BNB is showing clear signs of weakness as price struggles below key moving averages, signaling a continuation of downside pressure. With the price hovering around 614 and failing to reclaim short-term resistance, sellers are maintaining control. The structure suggests a likely retest of lower support zones before any meaningful recovery.
📊 Trade Setup
🔻 Entry Zone: 615 – 625
🎯 Take Profit Targets:
TP1: 600
TP2: 585
TP3: 560
⛔ Stop Loss: 642
📉 Market Outlook
Momentum remains bearish across short-to-mid timeframes with price trading below MA(7), MA(25), and far below MA(99), confirming a strong downtrend bias. The rejection near 620–630 zone reinforces it as a supply area. Volume is not showing strong buying interest, suggesting weak demand. A breakdown below 609 support could accelerate the move toward 580 and lower.

#BNB #CryptoTrading #TechnicalAnalysis #Bearish #Write2Earn