📉 $BNB Forming a Classic Triple Top – Short-Term Caution Ahead?

$BNB is flashing a Triple Top pattern on the 15-minute chart, a formation that often signals buyer exhaustion and the potential for a short-term reversal—but only if key support fails.

🔸 Three Peaks Near $799–$800:

BNB repeatedly failed to break this resistance zone, forming a potential reversal structure.

🔸 Neckline Support at $792:

A horizontal level acting as the make-or-break point—watch this closely for breakdown confirmation.

🔸 Volume is Fading:

Reduced bullish pressure could be a warning sign. Breakdowns often come with a sudden volume spike.

📊 Key Technical Levels:

🔺 Resistance: $799.40 (Local Triple Top High)

🔻 Neckline Support: $792

⚠️ Breakdown Trigger: Confirmed candle close below $792

📉 Downside Targets: $786 → $780

✅ Invalidation (Bullish): Break & close above $800 with rising volume

🧠 What It Means:

If BNB can’t reclaim $800 soon and breaks below $792, we may see a quick corrective dip. This pattern is often followed by short-term pullbacks, especially in a cooling market.

But remember:

Triple Tops aren’t confirmed until the neckline breaks. If $792 holds, bulls still have a fighting chance to flip momentum.

📣 What’s your next move on $BNB?

Comment below 👇

#bnb #CryptoChart #AltcoinAnalysis #TechnicalAnalysis #BinanceSquare #CryptoTraders $BTC $ETH