🚨 MARKET ALERT: BNB/USDT Price Movement! 📉
A quick look at the 1D chart for BNB/USDT on Binance shows a notable drop following a significant high.
Key Data Points:
Current Price: 1,133.15 USDT
24h Change: -2.13% 🔻
24h High: 1,182.60 USDT
24h Low: 1,121.14 USDT
Recent High (approx.): 1,375.11 USDT
Recent Low (approx.): 860.11 USDT
What We See:
After a sharp spike towards 1,375.11 USDT, the price has corrected significantly and is now hovering around the 1,133 USDT mark.
The current price is below the MA(7) (1,119.19) and close to the MA(25) (1,160.97), indicating a short-term bearish/sideways consolidation.
Keep an eye on the MA(99) (950.51) as a stronger long-term support level.
Traders take note: The market is highly volatile after the recent climb and correction! Trade with caution. DYOR! 🧐