$BNB 🚨 Potential Bearish Reversal Alert 🚨

Looking at the daily chart of $BNB , a Head and Shoulders pattern has formed, signaling a potential trend reversal from bullish to bearish. 📉

Left Shoulder: Formed around $600, followed by a drop. The recent peak at $680, followed by a pullback

.Right Shoulder: Currently near $620, showing resistance at the same zone as the left shoulder.

💡 Key Zone: The neckline around $540 - $550 is a critical support level to watch. A confirmed break below this zone could trigger a further decline, potentially pushing $BNB to lower levels.

🔎 Strategy: If you're looking for short opportunities, waiting for a solid break below the neckline might provide a high-probability setup. For bulls, a bounce from this zone could offer short-term recovery plays, but caution is advised as the overall structure leans bearish.

📊 Risk Management: As always, keep an eye on volume for confirmation, and set your stop-losses wisely!