I envision a target for BNB at the marked spot, but it would be better suited to the bottom of the support.
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BNB is slowly trickling down. After picking up liquidity below the June low, it can rebound upwards and subsequently crash sharply.
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BNB is breaking out of its rising channel that it held since 2017. I expect very bad news for Binance soon.
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They will likely liquidate short positions before the move down as many people are already warning of a dip, so it will be easy for market makers to take money out of short positions first.
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