#BNB# Strong selling pressure - bears in full control

BNB shows a strong bearish setup on the 15-minute chart. The price has been recording lower highs and lower lows, breaking through key supports with aggressive selling. The drop to 821.79 marks a new low, and the momentum still leans towards the downside.
Trading Plan - Short Setup
Ideal entry: 823-825 on a small pullback after the drop
Stop-loss: 832 above the last secondary resistance
Target 1: 815 Last Support Area
Goal 2: 808 next major support
Risk-to-reward ratio: approximately 1:2 when targeting goal 2
the reason
This is a continuation of the downward trend after failing to stay above 834. The consecutive red candles show strong selling pressure with no reversal signs like a hammer or bullish engulfing pattern. Until a clear reversal forms, sellers remain in control.
Probability of Profit
High, around 70%, if Bitcoin and the broader market remain weak. If Bitcoin rises sharply, short positions may face risks, so market sentiment should be monitored closely #Gate Alpha Peak Trading Competition# #ETH ETFs Top $30B# #July PPI Beats Expectations#