❎STOP⛔:0.161341 🚨CROSS(1%,2%Wallet) Always wait for the final results of the signals and avoid cherry-picking them. Do not forget risk and capital management. If you have any questions,
❎STOP⛔:0.109204 🚨CROSS(1%,2%Wallet) Always wait for the final results of the signals and avoid cherry-picking them. Do not forget risk and capital management. If you have any questions,...
BNB has rejected sharply from the upper channel trendline near 690 and is now pulling back. The ascending channel structure from early April is still intact — this is a healthy correction within a bullish trend, not a breakdown.
Currently at 652 and showing weakness on the 4H. The question is: where will buyers step in?
📌 What to watch:
The channel will tell us everything. As long as price stays inside it and respects 635–640, the bullish bias holds and any bounce can be planned for an entry back toward 670+ → 690.
If we see a 4H close clearly below 630 with no recovery, the channel breaks and the structure shifts. At that point, wait — don't catch the falling knife. Let it find a new floor first.
For now, patience. Let the lower channel do its job, and only act on confirmation. 🎯
$ROBO is moving in a falling wedge. It is attempting a breakout. A breakout with a candle close or a successful retest would be a bullish confirmation.
In case of a rejection we might see further movement inside the wedge until a solid breakout or breakdown occurs.