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$BNB – Resistance rejection confirmed with bearish structure positioning for downside continuation
Trade Setup: Short $BNB
• Entry Zone: 643 – 670
• Target 1: 620
• Target 2: 600
• Stop Loss: 685
Price action has registered a clear rejection from the 680 to 690 resistance band, a historically strong supply area, with rising volume accompanying bearish candles. The next support target resides within the 590 to 600 region contingent upon a confirmed breakdown beneath the 620 threshold. Monitor for lower high formation to validate short-side continuation as the bearish structure matures.
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