🔍 $BNB Chart Analysis 🔍
Timeframe: 15-Minutes

Hey traders! 👋 Currently, $BNB is showing signs of potential weakness after a bullish rally. We've spotted bearish RSI divergences, indicating a possible slowdown or reversal in the current uptrend. 📉

🟠 What’s on the Chart?

The price has touched the upper band of the Mean Reversion 📈, which could act as a resistance zone. We’ve seen a double bearish divergence on the RSI at overbought levels 🔻, suggesting that the bulls might be losing momentum.Price also retraced back to the 50 EMA (yellow line), which could serve as a key level to watch.

📌 Strategy :
If you're looking to short, consider waiting for a clear break below the 50 EMA and further confirmation of weakness. A close below the support at $571.8 could signal a short opportunity with a target around the lower band of the channel near $558.9.

⚠️ Remember:
Trade with caution and always confirm signals before entering. Let's see how BNB responds in the coming hours!

👉 Follow for more analysis and stay tuned for any updates. Happy trading! 🚀