$BNB
IS FACING STRONG SELLING PRESSURE
After reaching $726, BNB faced a sharp rejection and entered a clear short-term correction.
Price is now around $682, trading below the MA(7) at $693.37, showing that sellers currently have the upper hand on the 1H chart.
The key support to watch is around $671–$675. If this zone holds, buyers could attempt a recovery toward $693–$705, followed by a possible retest of $716–$726.
But if $671 breaks decisively, the correction could extend toward the $660–$665 area.
For now, the structure is short-term bearish until BNB reclaims the $693–$705 resistance zone.
Sellers are in control. The next major move depends on whether $671 support holds or breaks.
#GrayscaleFilesFifthZECETFAmendment #USDollarFallsToThreeMonthLow
IS FACING STRONG SELLING PRESSURE
After reaching $726, BNB faced a sharp rejection and entered a clear short-term correction.
Price is now around $682, trading below the MA(7) at $693.37, showing that sellers currently have the upper hand on the 1H chart.
The key support to watch is around $671–$675. If this zone holds, buyers could attempt a recovery toward $693–$705, followed by a possible retest of $716–$726.
But if $671 breaks decisively, the correction could extend toward the $660–$665 area.
For now, the structure is short-term bearish until BNB reclaims the $693–$705 resistance zone.
Sellers are in control. The next major move depends on whether $671 support holds or breaks.
#GrayscaleFilesFifthZECETFAmendment #USDollarFallsToThreeMonthLow