BNB/USDT โ Bearish Rejection Setup from Trendline Binance Coin / TetherUSBINANCE:BNBUSDTMarketStrategysignals๐ BNB/USDT โ Bearish Rejection Setup from Trendline ๐ฅ ๐ง Market Overview BNB is trading below a well-respected descending trendline, showing that sellers remain in control. Price is approaching a key resistance area where a rejection could trigger the next bearish leg. ๐ Technical Analysis ๐ Bearish Trendline: Price continues to respect the descending resistance, keeping the bearish structure intact. โ ๏ธ Resistance Zone: The 570โ584 USDT area is a strong supply zone. A rejection here would favor sellers. ๐ Possible Fake Breakout: A brief push above resistance is possible to grab liquidity before the market reverses lower. ๐ฆ Order Block Target: The major demand/order block around 542โ538 USDT is the primary downside objective. ๐ฏ Trade Plan โ Entry: Wait for bearish confirmation in the 570โ575 USDT zone. ๐ Stop Loss: Above 584 USDT. ๐ฏ TP1: 560 USDT ๐ฏ TP2: 550 USDT ๐ฏ TP3: 538 USDT (Order Block Support) โก Conclusion As long as BNB remains below the descending trendline and resistance zone, the overall bias stays bearish. A confirmed rejection could lead to a strong move toward the highlighted order block. Always wait for price confirmation and manage risk properly. ๐