$BNB is compressing inside a clean bearish pennant after a sharp impulsive drop.
This structure usually acts as a continuation pattern, not a reversal — meaning direction matters, and right now momentum is still tilted to the downside.
Price is currently hovering around ~638, right at the apex of the pattern, where decisions happen fast.
🔴 Bearish Breakdown Scenario (Primary Bias)
If
#BNB breaks and closes below the lower pennant support (~630–625) with volume:
Downside targets
610 – 600 → first liquidity sweep
585 – 570 → previous swing low (high probability)
540 – 520 → full measured move o