BNB hourly chart has turned bearish with upward movement halted, indicating weakening short-term momentum. Watch for a break below recent support to confirm a downtrend, and also pay attention to false breakouts at resistance zones or bearish divergence signals on indicators.
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Analysis of BNB on the 1.5 chart:
BNB hourly chart has turned bearish with upward movement halted, indicating weakening short-term momentum. Watch for a break below recent support to confirm a downtrend, and also pay attention to false breakouts at resistance zones or bearish divergence signals on indicators.
For trading, it is recommended to consider a light short position within the 905-915 range, with a target around 870-885.
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