$BNB or $ETH for the next leg? Only one.
BNB just got smoked: $568.41, down 9.96% in 24h, with $172.75M traded. The 4h move is -7.7%, and RSI at 14 says sellers may be getting stupidly crowded.
But don't call a bottom yet. Price is below both the 20d and 50d MAs, while volume is only 0.1x its 20d average. That is weak tape. 📉
At $568? I’d rather wait for reclaim strength than catch this knife. ⚠️
BNB bulls, what am I missing?
#BNB #Binance #Crypto
BNB just got smoked: $568.41, down 9.96% in 24h, with $172.75M traded. The 4h move is -7.7%, and RSI at 14 says sellers may be getting stupidly crowded.
But don't call a bottom yet. Price is below both the 20d and 50d MAs, while volume is only 0.1x its 20d average. That is weak tape. 📉
At $568? I’d rather wait for reclaim strength than catch this knife. ⚠️
BNB bulls, what am I missing?
#BNB #Binance #Crypto