$BNB /USDT Analysis Report
Current Price: 642.57, down 1.26%
Pattern: Descending channel indicating a bearish trend, with lower highs and lower lows confirming the downtrend.
Entry Strategy: Consider short positions near the 645–647.5 resistance zone, or on a confirmed break below the 637.5 level, which could act as new resistance.
Targets: 635, followed by 632.5, then 630 as the next support levels.
Stop Loss: Set above 650, which marks the upper boundary of the channel.
Outlook: Bearish momentum is expected to continue unless the price reclaims 650. A breakdown below 637.5 would further confirm bearish control.
