Price Analysis of $BNB
€673.60
rose sharply from the 50-day SMA ($615) on December 3 and surged above the resistance at $722.
Bears will try to push the price below $722, while bulls will attempt to defend it. If the price bounces back from $722, it will be a signal that the bulls have taken control. This increases the likelihood of a rally towards the pattern target at $810.
Conversely, if the price turns downward and falls below $722, it will suggest that bears are active at higher levels. The BNB/USDT pair could slide down to $680 and subsequently to the 20-day EMA ($654).
If you liked the content, you can help me a lot by leaving your like.
If you want to stay informed, follow me! Thank you ❤️❤️❤️
