$BNB breached the 30-day low: current price 592.69, previous low 593.69.
After the breakdown, watch two things:
Will the previous low of 593.69 turn from support into resistance (will a rebound fail to reclaim it)?
Was there a surge in volume during the breakdown? A break on low volume could be a false breakdown.
Do you think this is the beginning or the end?
#BitcoinActiveSupplyInProfitDropsBelow45% #BinanceSquareFamily #BinanceCommunity
After the breakdown, watch two things:
Will the previous low of 593.69 turn from support into resistance (will a rebound fail to reclaim it)?
Was there a surge in volume during the breakdown? A break on low volume could be a false breakdown.
Do you think this is the beginning or the end?
#BitcoinActiveSupplyInProfitDropsBelow45% #BinanceSquareFamily #BinanceCommunity
