#BNBUSDT $BNB /USDT Short Trade Signal! 🔥💯
Current Price: $669.65
Resistance Level: $680.00 (Key resistance zone to monitor)
Entry Zone: $669.50 - $674.00 (For confirmation, watch for price rejection below $680.00)
Stop Loss: $685.00 (Above the recent swing high, providing tight risk management)
Target 1: $650.00 (Initial profit-taking level)
Target 2: $635.00 (Extended target for deeper pullback)
Momentum: Bearish, price showing signs of weakness at resistance, RSI starting to show divergence
🔴 Trade Plan:
1. Enter short in the $669.50 - $674.00 range, ensuring the price fails to break above $680.00.
2. Set stop loss at $685.00 to manage risk and avoid being stopped out prematurely.
3. Profit-taking at $650.00 and $635.00, tracking price action and overall market sentiment.
💡 Pro Tip: Look for volume to fade as price approaches $680.00. A solid rejection with low volume could strengthen the short setup.
Feel free to reach out if you'd like any adjustments to this trade plan!