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$BNB
Currently, the BNB/USDT pair is trading near $765, representing a decrease of -5.05% over the last 24 hours. On the 2-hour chart, we can see a very important value zone between $748 and $778. This is where the largest trading volume has occurred recently, in other words, a decision zone.
🔼 Bullish scenario: Bounce from this zone and gradual movement towards resistance 808-815$.
🔽 Bearish scenario: A sharp break below $748 will likely accelerate declines towards $725 and possibly $718$. 🎯
Conclusion: This is a crucial zone to watch. Buyers are defending the zone, but the market is under pressure.
📌 #BNB #BNBUSDT #CryptoTrading #TechnicalAnalysis #PhoenixTradingRoom
Currently, the BNB/USDT pair is trading near $765, representing a decrease of -5.05% over the last 24 hours. On the 2-hour chart, we can see a very important value zone between $748 and $778. This is where the largest trading volume has occurred recently, in other words, a decision zone.
🔼 Bullish scenario: Bounce from this zone and gradual movement towards resistance 808-815$.
🔽 Bearish scenario: A sharp break below $748 will likely accelerate declines towards $725 and possibly $718$. 🎯
Conclusion: This is a crucial zone to watch. Buyers are defending the zone, but the market is under pressure.
📌 #BNB #BNBUSDT #CryptoTrading #TechnicalAnalysis #PhoenixTradingRoom
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