🔦🔎Technical Analysis for BNB/USDC Pair Now 🆕✅
1. General trend:$BNB
Current price:
592.66 USDT
There is a clear upward bounce after the drop that reached the bottom at 583.55.
The price is now above the short-term moving averages EMA(7) and EMA(25), but still below EMA(99), indicating an attempt at a short-term bullish reversal within a larger downward trend.
2. Moving Averages:
EMA(7) = 591.12 and EMA(25) = 591.12: the price is above them now, a positive sign.