$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.