$BNB /USDT Technical Analysis

Current Price: 649.52

24H High: 676.79

24H Low: 632.00

Pattern: The chart shows a descending triangle pattern, which is a bearish reversal pattern. The price has been consolidating within a narrowing range, and a breakdown below the lower trendline is likely to trigger a bearish move.

Short Trade:

* Entry: Below 632.00

* Target: 593.05

* Stop Loss: 676.79

Market Outlook: The market is likely to move bearish in the short term due to the descending triangle pattern.

Leverage 5x (Adjust based on risk tolerance)

#BNB #USDT #TechnicalAnalysis #CryptoTrading #Bearish