$BNB Down 60% From ATH & Bearish Flag Forming: Is $450 The Next Stop?
Bearish flag pattern forming, still trading within the Flag Channel. If price breaks down $570 support, expect another leg down toward $450. Almost 60% down from ATH in ~4 months. LH → LL structure intact. No bullish divergence.
Breakdown target: $445–450 Key support: $570 Bias: Bearish until structure shifts. More downside if $570 breaks.
IMO, $BNB below $500 will be generational wealth entries for the long run. Trade the structure, not the hope.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BNB Down 60% From ATH & Bearish Flag Forming: Is $450 The Next Stop?
Bearish flag pattern forming, still trading within the Flag Channel. If price breaks down $570 support, expect another leg down toward $450.
Almost 60% down from ATH in ~4 months. LH → LL structure intact. No bullish divergence.
Breakdown target: $445–450
Key support: $570
Bias: Bearish until structure shifts. More downside if $570 breaks.
IMO, $BNB below $500 will be generational wealth entries for the long run.
Trade the structure, not the hope.