$BNB —the first move above 746 failed to follow through
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$BNB closed the following day below 746. The brief move above resistance did not become a sustained breakout, and the 780 target once again needs confirmation.
$BNB needs to reclaim 746 and hold the area on a pullback. Until then, the recovery scenario remains without a confirmed break through resistance. The broader thesis for $BNB is invalidated by a daily close below 717.
#EarningsSeason #PepeJumps14%ToLeadAltcoinRebound #BitcoinHashrateHitsSevenMonthHigh
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$BNB closed the following day below 746. The brief move above resistance did not become a sustained breakout, and the 780 target once again needs confirmation.
$BNB needs to reclaim 746 and hold the area on a pullback. Until then, the recovery scenario remains without a confirmed break through resistance. The broader thesis for $BNB is invalidated by a daily close below 717.
#EarningsSeason #PepeJumps14%ToLeadAltcoinRebound #BitcoinHashrateHitsSevenMonthHigh