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$BNB (1h) - Bearish Retracement Setup
Bias: Short
Entry (Zone): 688.00 - 694.00
Targets:
TP1: 675.00
TP2: 662.00
TP3: 648.00
Stop Loss: 705.50
Why this Setup:
I see a failed push into the 730s followed by a sharp pullback and lower highs, so I’m looking for continuation as long as price stays below the 705 area. I want to fade strength into resistance and ride a move back toward the prior support zones.