$BNB Range Consolidation Under 200 EMA Favors Sellers


Trade Setup: Short
Entry Zone: 573 – 578
TP1: 565
TP2: 555
TP3: 540
SL: 586
Price remains below the 200 EMA (585.10) and continues to struggle beneath a key resistance zone. Recent price action has formed a weak consolidation after a broader downtrend, suggesting sellers are defending rallies rather than buyers building strength. Unless BNB reclaims the EMA and holds above resistance, momentum favors another move toward lower support levels
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BNB-0.36%
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