Marina Lyubimova
⬤ Binance Coin (BNB) is flashing warning signs of a short-term pullback after forming a classic double top pattern on the 4-hour timeframe. While the setup might trigger some concern, it's confined to lower timeframes—the bigger trend structure is still holding strong.
⬤ The chart displays two distinct peaks creating a textbook double top formation near recent highs. This pattern typically signals a temporary pause or exhaustion in upward momentum rather than a full-blown trend reversal. Price failed to push higher on the second attempt, and there's a neckline marked below current levels around $900—that's the zone where BNB could head if selling pressure picks up.
⬤ Here's the thing: despite the double top on the 4-hour chart, the broader technical picture looks solid. The upward-sloping trendline underneath hasn't been touched, let alone broken. The projected price path shows a controlled dip toward support before potentially continuing higher, suggesting this is more of a short-term breather within a larger bullish move than any kind of reversal.
⬤ This matters because it shows the difference between short-term patterns and the bigger trend direction in crypto markets. Lower-timeframe setups can create volatility and brief corrections even when the overall trend stays positive. With BNB trading near critical technical levels, how price behaves around that neckline and trendline will shape short-term sentiment while the broader bullish structure continues calling the shots.
Marina Lyubimova
