Despite the fact that CZ is trying his best to protect and reinforce #BNB by announcing token burning and new project Neutron on the Binance Launchpad…
Binance Coin doesn’t react positively.
A descending triangle (bearish pattern) is still forming on the chart which is a sign of high sell pressure and weakness from the bulls’ side.
Chances of breaking the $200 support are quite high. If it happens, we will see $180 in no time.
Good SHORT opportunity