🚀 Quick Technical Analysis: Coin $BNB - Technical Decision Zone!
📊 Overview of BNB/USDT (4-hour timeframe):
The price is currently trading around $939.65. On the larger timeframe (4H), the overall trend remains under clear bearish pressure, as the price has stayed below the major moving averages (MA 7, 25, 99).
Key Resistance (interval): $991 - $1,000 (MA 99 and psychological level).
Critical Support: $908.00 (the last bottom).
Short-term Tactic (15-minute timeframe):
After a healthy bounce from the bottom of $908.00, BNB entered a consolidation/correction phase on the 15-minute timeframe. This bounce represents an attempt to regain control before testing the larger resistances.
In your opinion, what is the trend of $BNB , bullish or bearish?
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