The triangle we see drawn on the chart can be considered a long-term distribution phase.
➖ BNBUSDT is trading below MA200 coupled with very bad news. The effect on this market can be devastating.
👉 It is impossible to say exactly if the final target will be $11, $6, $2 or $0.10, it is very hard to predict an exact target but, the chart is pointing lower.
This is not financial advice.
Do your own research and planning. Trading is risky.
Namaste.