BNB is showing classic distribution after failing to hold key resistance — the bears are in full control now.
🔴 $BNB - SHORT
Trade Plan:
Entry: 608 – 615
SL: 630
TP1: 570
TP2: 535
TP3: 495
RSI(14) on daily has rolled over from 62 with MACD confirming bearish momentum shift and declining volume on bounces. Binance open interest data reveals heavy short positioning building while funding rates favor bears. Market cap rankings on CoinMarketCap show BNB losing steam against majors — clean downside continuation setup.
Anyone already shorting BNB or planning to join the move?
Click below for trade 👇
$BNB

BNB

611.32

-0.01%

Setup valid as of analysis time. Crypto moves fast — always verify live chart on Binance before entering. DYOR & manage risk!