$BNB $BNBUSDT (1h) - Range Rejection Short


Bias: Short
Entry (Zone): 638.00 - 640.20
Targets:
TP1: 634.30
TP2: 631.80
TP3: 628.80
Stop Loss: 643.20
Why this Setup:
I see price stalling after a strong push into the 640 area, and the latest move looks like a lower-high rejection rather than a clean continuation. I want to fade this bounce while momentum stays weak, since a breakdown back through the mid-630s would likely open the way to the next support levels.

#GateSquareMayTradingShare
BNB-0.48%
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin