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$BNB (1h) - Pullback Short
Bias: Short
Entry (Zone): 710.00 - 713.50
Targets:
TP1: 703.50
TP2: 698.00
TP3: 691.50
Stop Loss: 721.20
Why this Setup:
I see a strong impulse move that has started to stall under the recent highs, and I want to short a retracement into resistance rather than chase weakness. I’m looking for rejection in the 710 to 713.5 area, with downside back toward the low 700s first and a deeper move if sellers regain control.