BNB at 645u. After rising to 623 this morning, it didn’t stop—it pushed up another 22.
650 was where the early-June drop began. I said earlier that the breakout above 616 would count; now this rally looks stronger than expected and is heading straight for 650.
Volume is still there, and turnover hasn’t fallen off. Chasing the price higher isn’t ideal; it’s safer to buy on a pullback near 630.
If it breaks above 650, the next level is the six-month high at 719. If it falls back below 616, today’s rally is invalidated.#BNB $BNB
650 was where the early-June drop began. I said earlier that the breakout above 616 would count; now this rally looks stronger than expected and is heading straight for 650.
Volume is still there, and turnover hasn’t fallen off. Chasing the price higher isn’t ideal; it’s safer to buy on a pullback near 630.
If it breaks above 650, the next level is the six-month high at 719. If it falls back below 616, today’s rally is invalidated.#BNB $BNB