2025-03-25 17:59:12

Here's a short trade setup for (BNB/USDT):

Key Levels:
Resistance: $644.83 (Intraday High) / $650.00
Support: $630.00 / $620.00
Market Insight: BNB has recently tested the $644.83 resistance level and is showing signs of rejection, indicating a potential short opportunity as selling pressure increases.
Short Trade Setup:
Entry: $630.00 - $633.00
Target 1: $625.00
Target 2: $620.00
Target 3: $610.00 (Extended target)
Stop Loss: $640.00 (Above the recent resistance)
Pro Tip: Monitor price action near $645.00 for signs of weakness before entering. If the price breaks above $650.00, the short setup becomes invalid.
Risk Management:
Observe trading volume—diminished buying activity may signal a sharper decline.
Consider partial profit-taking at key support levels to secure gains.
*Will BNB retrace further or find support at lower levels?

BNB-3,29%

NEAR-3,42%

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