🚨 BNB EYES $537 AS BEARISH PENNANT SIGNALS DOWNSIDE CONTINUATION
📉 BNB is currently compressing inside a clear bearish pennant, a pattern that typically signals continuation of the prior downtrend rather than a reversal.
🔍 The structure formed after a strong impulsive drop, reinforcing the bearish bias as consolidation tightens near the pattern’s apex.
⚠️ Key resistance around $659 is capping upside attempts, increasing the risk of false rallies and liquidity traps for late buyers.
🎯 If the pennant breaks to the downside, analysts are targeting the $532–$537 support zone as the next major downside objective.
🧠 This type of consolidation often acts as a pause before volatility expansion, especially when it follows a clearly bearish trend.
📊 Overall, unless BNB reclaims higher resistance levels with strong volume, market structure suggests continuation risk remains tilted to the downside.