BNB / USD – Technical AnalysisBinance Coin / US DollarBINANCE:BNBUSDIbrahimTarekTimeframe: Intraday (as shown) Structure: Bearish Channel (Descending Parallel Channel) Market Structure BNB is trading inside a well-defined descending channel, forming consistent lower highs and lower lows, which confirms short-term bearish momentum. Price recently rejected from the upper boundary of the channel near the 637–640 resistance zone and is now rotating lower toward mid-channel support. The dotted horizontal level around 637.4 acts as a key resistance, while the psychological and structural support is around 605–603. Trade Setup (As Shown) Entry: 613 USD Stop Loss: 603 USD Target: 670 USD Risk/Reward Calculation Risk: 613 − 603 = 10 USD Reward: 670 − 613 = 57 USD Risk/Reward Ratio: 1 : 5.7 This is an excellent R:R profile, provided price confirms strength and breaks the channel resistance. Scenario Outlook 🔹 Bullish Scenario: If price breaks above the upper trendline with strong momentum and volume expansion, a rally toward 670 USD becomes highly probable. 🔹 Bearish Scenario: Failure to hold above 613 and a breakdown below 603 would invalidate the setup and likely push price toward the lower channel boundary around 595–590. Conclusion BNB remains technically bearish inside the channel, but the proposed long position offers a strong asymmetric opportunity if breakout confirmation occurs. Patience for confirmation is key.