I'm currently tracking a clear bearish structure on the $BNB /USDT 15-minute chart, where price action is consistently printing lower highs and lower lows. The market is struggling beneath a heavy "Death Cross" sequence; notice how the MA(7), MA(25), and MA(99) are all stacked above the current price of $619.43, acting as aggressive overhead resistance. We've seen a sharp rejection at the $631.84 level, and with the MA(7) trending steeply downward, the momentum is firmly with the sellers. Volume spikes on the red candles indicate active distribution, and until we see a meaningful reclaim of the $623 zone.
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