The battle at this level has reached a boiling point; every candlestick from here on is crucial.
$BNB Moving averages form a death cross, confirming the bearish trend
BNB price: 730.62. The short-term moving average has crossed below the long-term moving average, indicating a bearish trend.
Consider shorting near a rebound to the moving average, with a target of 767.15.
Stop-loss: 708.70.
Entry: 723.37 🟢
Target 1: 767.15 🎯
Target 2: 803.68 🎯
Stop-loss: 708.70 🔴
Direction: Bullish
$BNB Moving averages form a death cross, confirming the bearish trend
BNB price: 730.62. The short-term moving average has crossed below the long-term moving average, indicating a bearish trend.
Consider shorting near a rebound to the moving average, with a target of 767.15.
Stop-loss: 708.70.
Entry: 723.37 🟢
Target 1: 767.15 🎯
Target 2: 803.68 🎯
Stop-loss: 708.70 🔴
Direction: Bullish