$BNB
🔥BNB has recently been 'moving sideways', with a heated tug-of-war between bulls and bears, but neither side has gained an advantage.
📈 Bulls attempt to counterattack:
Buyers are trying to break through the 20-day moving average (656 USD). Once stabilized, they will continue to play Taijiquan between 634 and 693 USD.
RSI is hovering in the middle, and the 20-day moving average is also flat, indicating that the market has not yet chosen a side.
If the price successfully breaks through 693 USD, there is a chance to surge to 732 USD, and it may even attract more funds to follow in!
📉 Bears are also not planning to give up:
Bears are focused on the 633 USD support level. If this is breached, BNB could directly slide down to 580 USD.
Once this level is lost, market sentiment could panic, and the downward trend may accelerate!