Hello Guys,
BNB is looking bearish here. It is forming inverse cup & handle pattern (which is generally a bearish pattern).
Important support area is $273-$278 (support line of inverse cup & handle pattern).
If it breaks below the support then we can see more dump ($250ish area)
You can open a short position after breakdown of support area with low leverage.
SL: Above $311
if you like this idea then do support it with like and follow for more.
Also, share your views in the comment section.
Thank You!
BNB is looking bearish here. It is forming inverse cup & handle pattern (which is generally a bearish pattern).
Important support area is $273-$278 (support line of inverse cup & handle pattern).
If it breaks below the support then we can see more dump ($250ish area)
You can open a short position after breakdown of support area with low leverage.
SL: Above $311
if you like this idea then do support it with like and follow for more.
Also, share your views in the comment section.
Thank You!