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$BNB is showing clear rejection from the upper supply band, with price failing to sustain momentum above resistance and sellers stepping in aggressively around the recent highs.
Reworked Short Trade Idea (BNB)
Entry Zone: 648.6 – 649.8
Stop Loss: 653.2
Take Profit 1: 645.2
Take Profit 2: 643.8
Take Profit 3: 641.0 – 640.8
Market Read The structure is still leaning sideways on higher timeframe, but intraday pressure is shifting bearish after repeated rejection from the same zone. Momentum on lower timeframes is fading, and volume spikes are favoring sell-side activity, suggesting distribution rather than continuation.
If price continues to fail reclaiming 650+, downside rotation stays in play toward lower liquidity levels. However, any strong reclaim above resistance would invalidate this short bias quickly, so management is key in this kind of leveraged setup.
$BNB