💡 $BNB - Trade Idea
Just like BTC, BNB has broken down from its support level, flipping it into resistance.
Now, we can use this as a short setup, by taking advantage of a rejection from its bearish trendline and resistance zone.
This should be a solid short play, considering not just crypto, but major asset class are taking a hit as well. Hence, we should see the same downside movement from crypto, especially altcoins.
BNB
631.49
+2.15%