$BNB 15-Min Chart Analysis
The chart clearly shows two price peaks (Top 1 & Top 2) near the $650–652 range, forming what looks like a Double Top — a bearish reversal pattern commonly found after a short-term uptrend.
🔺 Double Top Psychology:
Top 1: First surge up as buyers push into resistance.
Retracement: Profit-taking begins, but not a full breakdown yet.
Top 2: Buyers attempt to retest previous highs but fail to break through — this signals momentum weakening.
Neckline support (around $645) becomes critical. Once broken, selling pressure often accelerates.
⚙️ KEY LEVELS
📍 Resistance Zone - $650–652 (tops formed here; sellers stepped in both times)
📍 Neckline Support Zone - $644.5–645 (flat consolidation base, currently holding price up)
📍If price breaks below $645 with increased volume, it confirms bearish breakdown.
📍 Measured Move Target :
→ Double Top's height = (Top - Neckline) ≈ 652 - 645 = $7
→ Breakdown target = 645 - 7 = ~$638
🟥 Bearish Scenario:
Break below $645 = Confirmed Double Top
Target = $638–640 zone
High probability of further downside if BTC/market sentiment aligns
🟩 Bullish Rejection:
Strong bounce from $645 = false breakdown
Break above $652 = invalidates pattern
Upside targets then shift to $655 and $660 resistance levels
💬 Pro Tip: Watch $BTC's move closely here — if #Bitcoin dips below key support, it could trigger the #BNB Double Top breakdown faster.