$BNB Breakdown Confirmation — The Bear Side Is Gaining the Upper Hand


$BNB is clearly showing weakening signals, and the downward momentum has begun as expected. After being rejected at the resistance zone above, the bullish momentum gradually weakens and selling pressure appears strongly. This is no longer a minor correction; the short-term structure is shifting into a downtrend.
Losing momentum along with rejection candles at higher levels indicates that the sellers are actively controlling the market. In this context, trying to catch the bottom or enter late long positions carries high risks.
📈 Trading Plan (Short)
⟶ Entry zone: 635 – 645
• TP1: 625
• TP2: 615
• TP3: 600
⛔ Stop Loss: 655
As the momentum shifts downward, prioritize strict risk management and discipline in trading. Avoid FOMO and only enter trades when the price retraces to the planned zone. Stay calm, monitor market developments closely, and act according to the established strategy.
BNB-0.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Mypriyatna
· 3h ago
Isn't that upside down?
View OriginalReply0
  • Pin