Blitz_analysis

BNB/USDT 1day chart analysis

BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB faces tough situations not only under the pressure of death cross in two EMA but a reducing volume for the bulls. Even though the price has been propped at ~$160, the first challenge for any rebound which couldn’t have the price over $300 would be a failed one to revert the trend. The next watching point is $240 If BNB drops below its $160 support.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.