BNB - Is the drop over?

We continued dropping inside the channel indicated in my last post (see related idea). We went all the way down to 50% pullback at 440, which offered some support.

The key 500 shown in gray was broken and is now serving as resistance. I am not a long term buyer unless the downtrend channel and 500 support are broken.

61.8% pullback at 386 is still a strong possibility, and I expect a lot of sideways choppy price action. From a trading point of view, I am only looking for short term leveraged trades, preferably to the downside.