$BNB

🟡BNB June 5th BNB couldn't hold on, breaking below the key 20-day moving average of $657, and looks set to head towards the 50-day moving average of $636!

📉 What to do if it can't hold?

Right now, the bulls are desperately defending the $636 lifeline,

but what if it can't hold? It could very well plunge directly to the old support at $580!

This is no small drop; once it breaks, it could trigger a chain reaction of selling, leading to a sharper decline!

🚀 Is there still hope?

Yes! As long as the bulls can quickly pull the price back above $657,

this dip will turn into a false breakdown, and BNB will have a chance to rebound and challenge $693!

But be cautious ⚠️: The $693 level is a super strong resistance,

if it doesn't break through, don't talk about a new market trend!