LFG $BNB ANALYSIS 🔝

BNBUSDT is signaling a potential bearish move after a trendline breakout, with a Change of Character (CHoCH) pointing to a shift in market direction. Key levels to keep an eye on:

Support: $566, $563

Resistance: $587, $590

🔍 RSI sits at a neutral 50.49, and the formation of a lower high, alongside the descending trendline, adds to the bearish sentiment.

Trade ideas:

📉 Short-term: Look for sell opportunities targeting $563 & $558.

📈 Long-term: Buy the dips, with targets at $600 & $620.

📉 Bearish Sentiment: 60%

📈 Bullish Sentiment: 40%

$BNB #DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #Write2Earn!