Binance Coin (BNB), like all cryptocurrencies, continues to drop! Support zones where the price can stop:
1. $394-400
2. $371-380
It is better to open a long on a false breakout. An additional indicator would be a BIG volumes!
If the price starts to squeeze under the trend line, you need to keep a close eye on the price. Usually a squeeze after such corrections leads to a PUMP. Short traders become the fuel for these movements!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.