$BNB

BNB’s pullback took support at the 20-day EMA ($608) on March 19, indicating buying on dips.

The 20-day EMA has started to turn up, and the RSI is in the positive zone, signaling that buyers have a slight edge. A break and close above $644 could clear the path for a rally to $686. Sellers will try to defend the $686 level with all their might because a break above it could catapult the price to $745.

Sellers will have to pull the price below the 20-day EMA to prevent the upside. The BNB/USDT pair may then decline to $550.

#bnb #analysis