Binance Coin(BNB): Waiting For $335 Zone

BNB has been showing some massive strength here, where prices bounced nicely from 200EMA and 100EMA as well.

$335 zone has been a point of interest for us, and with the current push, we are seeing pretty high price changes heading there!

Once we are there, we will be looking for any potential downward movement or rejection from there!

Swallow Team

Comment:

Although the coin has had a nice breakdown and a re-test price is still weak near the current resistance zone (which was broken),

If we see similar pressure near this zone, we might see a re-test to even lower zones before we see that upper resistance to be touched!

Comment:

Coin had a rejection and a fakeout near the re-test, which resulted in a further downward movement that started a little early! This idea is no longer valid!