🐳
$BNB: BEARS MOVING IN
The market is playing a tense game of hide-and-seek between established Triangle pattern resistance and the recent downward trend. While retail sentiment clings to previous highs, big players are clearly distributing at these elevated levels. A spark of selling pressure is rapidly confirming the broken Wedge pattern structure, signaling that the momentum has shifted firmly into the hands of the shorts.
[More]
The current setup serves as an aggressive launchpad for the bears, marking a definitive structure shift on the H1 timeframe. We are witnessing a textbook liquidity trap; bulls eager to buy the dip are running directly into a wall of sell orders. As price retreats toward the 619.0825 zone, the breakdown confirms that buying volume is exhausted and further downside is imminent.
The initial entry wave is unfolding now — details in community.
👇 GET THE TARGET & LEVELS: