SEC suing exchanges right & left . SEC sued binance & Ceo of binance for operating illegal business in US ! Price of BNB Dropped 16% following on this news !!
Technically if we see #BNBUSDT chart its forming #BearFlag on Weekly time frame and now the price of BNB is at $260 and its breaking the trendline of the channel ! if weekly closed below the channel we can see a Sell off to $214 . $214 level of BNB is the most imp level to be hold ! if BNB failed to hold $214 There is higher probability that BNB will dump below $40 following the Bear Flag !!
Remember BNB haven't retested its Pre Pump levels ( 37$ ) while rest of altcoins are down 90% from the highs !!
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