BNB BNB/USD 1W: Price is compressing inside a triangle BNBCRYPTO:BNBUSDOpenYourMind1318**BNB 1W: Price is compressing inside a triangle — key level at 762** On the weekly chart, I’ve marked the **major global support and resistance zones** where price has historically reacted. Currently, the price is moving inside a **descending triangle**. This pattern is often considered a continuation structure and in many cases tends to **resolve to the downside**. Despite the fact that the asset is currently rising along with the broader market, I consider a downside scenario possible, roughly following the path shown on the chart. It is also worth noting that historically, **touching the EMA 111–119 zone on the weekly timeframe has often coincided with the formation of a local or macro bottom**, followed by a price reversal to the upside. At the same time, the market is currently **trading inside a broader accumulation range**, and the resolution of this structure may not be far away. The key question now is **whether we will see a liquidity sweep of the lows first or not** before the next major move. ❗ **Invalidation of the bearish scenario:** a **clear break and consolidation above the ~762 level**. In that case, the current structure would be invalidated and the downside scenario would lose relevance.