$BNB Possible Short Opportunity! đ
đ Trade Setup:
đ»Entry Zone: Watch for a break and retest around $595.86 for a possible short entry.
Stop Loss (SL): Set SL at $597.60 to keep risk in check.
Take Profit (TP) Targets:
TP1: $593.06
TP2: $591.25
TP3: $586.96
$BNB is setting up for a potential short trade based on the current price action, key levels, and indicators on the 15-minute timeframe. Letâs dive into the details! đ
đĄ Trade Reason:
BNB is showing bearish candles with possible downside continuation. Resistance Level: Price is testing resistance near $597.60, which may provide downward pressure.
Volume & RSI: RSI is dropping from an overbought region, signaling weakening momentum, which aligns with the potential short trade.
Price Action: A breakdown below $595.86 could lead to a sharper decline, targeting the support levels.
Stay sharp and follow your plan! Letâs see if BNB continues downward đ#BNBAnalysis