$BTC $MUB #AustraliaProposesCryptoTransactionReportingLaw 1. Current Market Situation
BNB/USDT Perpetual
731.13 USDT
24-hour change: +1.13%
24h High 735.52
24h Low 712.62
MA60 731.54
Mark Price 731.11
What the chart indicates:
BNB rose toward approximately $732.50–$732.60 before dropping sharply.
The price is now around $731.13, slightly below the MA60 at $731.54.
The recent drop suggests short-term selling pressure, although the 24-hour change remains positive.
2. Support and Resistance Levels
Resistance
$731.50–$731.90
First resistance zone. Further resistance appears near $732.30–$732.70.
Support
$731.00–$730.70
Nearby support based on the visible chart. A break below this zone could expose lower prices.
3. Long or Short?
LONG scenario
If BNB breaks above $731.90 and holds that level with stronger buying volume, it could move toward $732.30 and then $732.70.
SHORT scenario
If BNB breaks below $730.70 and stays below it, further downside may become more likely.
4. My Trading View
Current bias: Neutral to slightly bearish in the short term.
The price is below MA60 after a sharp decline, but it is close to nearby support. Entering immediately could be risky because the price may rebound or break down.
Wait for confirmation before entering.
Use a stop-loss and avoid excessive #NEARRisesNearly10% #viralpost #cryptouniverseofficial #SolanaAlpenglowUpgradeToActivateOnOct21 🤩
BNB/USDT Perpetual
731.13 USDT
24-hour change: +1.13%
24h High 735.52
24h Low 712.62
MA60 731.54
Mark Price 731.11
What the chart indicates:
BNB rose toward approximately $732.50–$732.60 before dropping sharply.
The price is now around $731.13, slightly below the MA60 at $731.54.
The recent drop suggests short-term selling pressure, although the 24-hour change remains positive.
2. Support and Resistance Levels
Resistance
$731.50–$731.90
First resistance zone. Further resistance appears near $732.30–$732.70.
Support
$731.00–$730.70
Nearby support based on the visible chart. A break below this zone could expose lower prices.
3. Long or Short?
LONG scenario
If BNB breaks above $731.90 and holds that level with stronger buying volume, it could move toward $732.30 and then $732.70.
SHORT scenario
If BNB breaks below $730.70 and stays below it, further downside may become more likely.
4. My Trading View
Current bias: Neutral to slightly bearish in the short term.
The price is below MA60 after a sharp decline, but it is close to nearby support. Entering immediately could be risky because the price may rebound or break down.
Wait for confirmation before entering.
Use a stop-loss and avoid excessive #NEARRisesNearly10% #viralpost #cryptouniverseofficial #SolanaAlpenglowUpgradeToActivateOnOct21 🤩