Binance Coin / TetherUS
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Lingrid | BNBUSDT Further Downside Potential

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BNBUSDT continues to respect the downward channel, forming another lower high, keeping bearish structure intact. Price is pulling back into the 850–860 resistance band, an area that repeatedly rejected attempts to break higher. Momentum remains weak, and the recent spike looks more like a liquidity grab than a true breakout attempt.

If sellers defend this zone again, BNB may resume the broader downside swing toward 750, where both horizontal support and the lower channel boundary align. That area also overlaps with the defined buying zone, making it a logical magnet for a deeper retracement.

➡️ Primary scenario: rejection from 850 → continuation toward 750.
⚠️ Risk scenario: a clean close above channel structure opens the path toward 900+.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

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