BNB Mid Term Idea

This is currently my biggest position in the market. Betting big on BNB's decline. Have been monitoring this pair for over a year now, and it's been stuck in this range between $200-400.

As soon as the $200 support level is broken, you can see there is no clear support until $45. That is a massive 75% gap in between both support zones.

BNB has just broken down from a bear pennant, and the first target is approximately $155 USD.

My full entry, targets and SL are listed below:

ENTRY: $235
SL: $245

Target 1: $155
Target 2: $130
Target 3: $45

Good luck and trade safe!