FirstNameHelen

HelenP. I Binance Coin can start to decline to 235 support level

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
Hi folks today I'm prepared for you Bitcoin analytics. A few days ago, the price experienced a decline, reaching a crucial support zone that coincided with support 2. However, it quickly rebounded and entered a significant consolidation phase. Subsequently, the price surged to reach support 1, which also overlapped with another support zone and the upper boundary of the consolidation area. Nevertheless, Binance Coin soon saw a rebound and underwent a correction back to support 2, from which it bounced back and initiated an upward movement. In a relatively short period, the price ascended to the upper boundary of the consolidation area and eventually broke through support 1. Subsequently, the price conducted a retest, and not too long ago, it experienced another rebound. Now, I expect that Binance Coin can start to decline toward support 1. That's why, I set my target at the 235 support level. If you like my analytics you may support me with your like/comment ❤️

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