$BNB

🔄 Recently, BNB has been like practicing Tai Chi, swaying back and forth between $693 and $634, making people almost fall asleep...

📊 The 20-day moving average is moving sideways at $656, and the RSI is also sitting in the middle position. What does this indicate? — The bulls and bears are evenly matched, and neither can overpower the other!

🧨 So how should we proceed next?

✅ Bullish scenario:

As long as the price rebounds from $634 and breaks above the 20-day moving average, BNB is likely to continue consolidating and oscillating, repeatedly testing this range, which is suitable for those looking to make short-term trades.

❌ Bearish scenario:

If it accidentally falls below $634 and cannot recover, then caution is needed! This indicates that the bears are starting to gain strength, and BNB could slide directly towards the $600 or even $580 support level!