BNB Bearish MovementA few days ago I saw BNB making a bearish Rising wedge pattern, and the pattern has already broken out. But I see the bearish rising wedge effect will continue, if the bullish correction makes a false break and cannot penetrate 581.9 which there is a minor resistance there. If the false break is valid, I assume BNB will continue its bearish movement and decline until it reaches 525.5 where there is major support there.
BNBBEARUSDT
BNBBEARUSDT on the bottom of its channelBINANCE:BNBBEARUSDT is almost on the bottom of its parallel channel and there is a divergence on RSI and MACD, So it is on a strong support area and there is a higher chance of rising. one can enter a long position with a target of 128$ and stop of 66$. so we have risk/reward of 5.
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