$BNB has broken below its ascending trendline after facing repeated rejection inside the 4H supply zone.
This breakdown shifts the short-term market structure in favor of sellers.
Key resistance remains between $580.00 and $585.87, while the next major support is located around $555.59.
As long as price stays below the former support area, bearish momentum may continue. A recovery above the supply zone would invalidate this scenario.
Click here to trade.
#bnb #crypto
This breakdown shifts the short-term market structure in favor of sellers.
Key resistance remains between $580.00 and $585.87, while the next major support is located around $555.59.
As long as price stays below the former support area, bearish momentum may continue. A recovery above the supply zone would invalidate this scenario.
Click here to trade.
#bnb #crypto