BNB price just broke below 565.8 support. Is this the start of a downtrend or a temporary correction? 📉
BNB's RSI of 33 is in oversold territory, but the trend range is still pointing to resistance at 577.2. Can BNB recover to test the upper end of its range?
566.41 USDT · 33.041575 RSI · 565.8 support · 577.2 resistance
#Binance #Trading
$BNB $BTC
TechnicalAnalysis #Trading
NFA · DYOR · Not financial advice
BNB's RSI of 33 is in oversold territory, but the trend range is still pointing to resistance at 577.2. Can BNB recover to test the upper end of its range?
566.41 USDT · 33.041575 RSI · 565.8 support · 577.2 resistance
#Binance #Trading
$BNB $BTC
TechnicalAnalysis #Trading
NFA · DYOR · Not financial advice