BNB: what would confirm the move, and what would cancel it
BNB is at 704.62, up 1.0% over the last 24 hours.
The trend is up and every dip keeps getting bought.
Base case: as long as 701.79 holds, the path of least resistance points to 726.08 and then 733.99 in the coming hours.
Risk case: losing 689.13 flips the picture and opens the slide lower.
History is solid, the faded path is one scenario from live levels. Trade the levels, not the sketch.
Trade BNB: spot https://www.binance.com/en/trade/BNB_USDT | futures https://www.binance.com/en/futures/BNBUSDT
$BNB #BNB #Write2Earn #MarketOutlook #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
BNB is at 704.62, up 1.0% over the last 24 hours.
The trend is up and every dip keeps getting bought.
Base case: as long as 701.79 holds, the path of least resistance points to 726.08 and then 733.99 in the coming hours.
Risk case: losing 689.13 flips the picture and opens the slide lower.
History is solid, the faded path is one scenario from live levels. Trade the levels, not the sketch.
Trade BNB: spot https://www.binance.com/en/trade/BNB_USDT | futures https://www.binance.com/en/futures/BNBUSDT
$BNB #BNB #Write2Earn #MarketOutlook #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
