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$BNB $BNBUSDT | 1H | Bearish Rejection Setup
Bias: Short
Entry Zone: 578.00 to 579.20
Stop Loss: 583.80
Targets:
TP1: 573.50
TP2: 570.60
TP3: 566.20
Invalidation:
Close above 583.80
Why This Setup:
I see price losing momentum after a sharp reclaim into the 578 area, which is acting like a local resistance zone. As long as price keeps rejecting this level, I expect a move back toward the 573 and 570 liquidity areas with room to extend lower.