📉$BNB - Bearish Breakdown Confirmed 🚨

BNB has broken down from the ascending wedge pattern and is now trading at $597, below the 50 EMA. This bearish move is confirmed by a MACD bearish crossover, signaling potential further downside.

💡$BNB Signal : The sharp break below the ascending wedge and the 50 EMA indicates increased selling pressure. Watch for a test of the $591 level as the next support zone.

🚀 Key Levels:

🔴 Support: $591 – A critical level to watch for potential bounces or further downside.

🟡 Resistance: $604 – If price retests this level and fails, it could confirm continued bearish momentum.

📊 Action Plan: Short positions may be considered below $591, targeting $588 and below. Use tight stops above the wedge’s breakdown level to manage risk.

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