🔻 $BNB Faces Bearish Momentum: Key Signals to Watch
#BNB has entered a downtrend after hitting an all-time high on December 4. Technical indicators suggest more corrections may be ahead:
*/ ADX Spike: The Average Directional Index jumped to 31,
signaling a strong bearish trend.
*/ Ichimoku Cloud: BNB fell below the cloud, confirming bearish sentiment and resistance for recovery.
*/ EMA Death Cross: A death cross hints at further declines, with key support at $647, $622, and $593.
🔑 Critical Levels: A break above $687 could signal recovery, but failure might push prices lower.
