BNB
has made a significant rise during the last days and a lot of interest exists in its charts. At this
BNBUSDT
4h chart we can see that
BNB
is moving right below the level of $533 (Support 1). If it keeps moving there, we are going to see even a drop to Support 2 - $464 - and there it will be retested again.
There is a lot of fear in the market right now and investors are afraid to buy.
Given that, it is more likely that we are going to see a drop to Support 2 than a breakout of Support 1.