【
$BNB Signal】Hold off on entering positions, waiting for the downtrend momentum to exhaust
$BNB Experienced a volume spike and a long bearish candle on the 4H chart, with the price breaking below the recent consolidation zone. Currently trading sideways near 635, but there is a heavy sell wall above (19.59K at 635.59), indicating weak rebound potential and a continuation of the downtrend. Funding rates have returned to zero, and market sentiment has shifted from bullish to bearish.
🎯 Direction: Hold off on entering positions (NoPosition)
The current market clearly shows a downtrend, with no