📊 BNB is not in a rush to move, but is holding back for a big move👀
The 20-day moving average is flat, and RSI is slightly below the midline, indicating that the bullish and bearish forces are temporarily balanced. The price is more likely to fluctuate between $790 and $1021.
🔻 Bearish scenario
If the sellers gain strength and break below this key support level of $790,
then the downward momentum may accelerate significantly, and BNB faces a risk of rapidly dropping to $730⚠
🔺 Bullish scenario
Conversely, as long as the closing price stays above $1021,
it indicates that this correction has probably ended, and the bulls will regain control.
The price is expected to rebound towards $1183, although there may be some selling pressure along the way📉
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#BNB
📊 BNB is not in a rush to move, but is holding back for a big move👀
The 20-day moving average is flat, and RSI is slightly below the midline, indicating that the bullish and bearish forces are temporarily balanced. The price is more likely to fluctuate between $790 and $1021.
🔻 Bearish scenario
If the sellers gain strength and break below this key support level of $790,
then the downward momentum may accelerate significantly, and BNB faces a risk of rapidly dropping to $730⚠
🔺 Bullish scenario
Conversely, as long as the closing price stays above $1021,
it indicates that this correction has probably ended, and the bulls will regain control.
The price is expected to rebound towards $1183, although there may be some selling pressure along the way📉