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5.13 BNB Afternoon Market
The market signals are fully bearish! The 1-hour downtrend channel is strongly suppressing the price, with highs continuously moving lower, and the rebound has no volume support. The 4-hour moving averages are fully in a bearish alignment, and the buying support has completely dried up. A sharp decline is imminent!
Short around 685-680, target 650-645! Break below 645 to add to short positions, heading straight to 620-615, riding the trend with no pressure!