$BNB / USDT — Short-Term Downward Momentum

BNB is trading around 840 after failing to hold above the 848–850 resistance zone. On the 1H timeframe, price has formed a lower high and is drifting back toward the mid-range support, signaling short-term bearish momentum as sellers defend the upper zone.

As long as price remains below the 848–850 supply, downside continuation is favored.

Direction: Short

Entry Zone: 842 – 846

Targets:

TP1: 835

TP2: 828

TP3: 820

Stop Loss:

Above 852

Bias:

Bearish below 848–850. A clean break and close above 852 would invalidate the short setup and shift momentum back bullish. Holding 835 support may trigger a bounce, but failure there opens room for deeper continuation lower.

BNB
BNB
840.66
-0.57%