$BNB finally lost the 722 area it held for 3 days. Overnight 4H candle flushed down to 708 on heavy volume and now it's sitting around 718.
Bounce so far looks weak honestly, still well under the EMA20 near 737.
For me 708 is the line now. If that goes the 700 round number probably gets tested quick.
If we get a 4H close back above 726 I'll take this bounce more seriously, and above 737 the whole drop starts looking like a shakeout.
Whole market is red today so BNB isn't alone here đ
Anyone buying this dip or just waiting?
Not financial advice, just my take this morning.
#BNB #Binance #CryptoMarket
Bounce so far looks weak honestly, still well under the EMA20 near 737.
For me 708 is the line now. If that goes the 700 round number probably gets tested quick.
If we get a 4H close back above 726 I'll take this bounce more seriously, and above 737 the whole drop starts looking like a shakeout.
Whole market is red today so BNB isn't alone here đ
Anyone buying this dip or just waiting?
Not financial advice, just my take this morning.
#BNB #Binance #CryptoMarket