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Cryptolean Binancecoin BNB Update

BYBIT:BNBUSDT.P   BNBUSDT Perpetual Contract
Binancecoin declined from the key resistance zone of $635-$660.

A sustained price action below $529 will push #BNB price lower to $455-$477.

A daily candle closure above the key daily resistance zone of $635-$660 is required for another bullish extension towards $716, the new ATH.

Intraday Chart


The BNBUSDT intraday chart is in the bearish territory below $548.

A re-test of the resistance zone of $463-$487 and a bullish rejection will lead to a bullish rally to $548.

A solid bullish break-out of $548 will push price higher towards $600.

A bearish break-out of $463-$487 will lead to a dip towards $407-$433 and, possibly lower.


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