*BNB/BTC 1H - Bearish Drop to 0.008824 | Now 0.008832 (-0.51%)*
$BNB vs $BTC weak. Dropped from 0.008909 high to 0.008824 low as marked on my chart, now consolidating.
Price: 0.008832 (-0.51%) ≈ Rs199,860.63 | High 0.008916 Low 0.008824 | SAR 0.008865 bearish above price | Vol 11,683 BNB / 103.64 BTC | Ask 0.008834 Bid 0.008833
Analysis:
- Strong downtrend from 0.008909 to 0.008824 low, now green consolidation box forming.
- SAR 0.008865 above price - bearish trend continues.
- MACD DIF -0.000010 DEA -0.000011 MACD 0.000000 flat - momentum stalled, bearish.
- RSI 33.27 near oversold - approaching capitulation but still weak.
- Vol BNB 387 BTC 3.4244 MA5 213 MA10 258 - volume spike on drop confirms selling.
Levels: Support 0.008824 (Low) / 0.008800 Resistance 0.008865 (SAR) / 0.008916 (High)
Bias: Bearish below SAR. Need reclaim above 0.008865 to flip bullish, otherwise risk to 0.008800.
Educational only, NFA.
$BNB $BTC #BNBBTC $BNB #writetoearn
$BNB vs $BTC weak. Dropped from 0.008909 high to 0.008824 low as marked on my chart, now consolidating.
Price: 0.008832 (-0.51%) ≈ Rs199,860.63 | High 0.008916 Low 0.008824 | SAR 0.008865 bearish above price | Vol 11,683 BNB / 103.64 BTC | Ask 0.008834 Bid 0.008833
Analysis:
- Strong downtrend from 0.008909 to 0.008824 low, now green consolidation box forming.
- SAR 0.008865 above price - bearish trend continues.
- MACD DIF -0.000010 DEA -0.000011 MACD 0.000000 flat - momentum stalled, bearish.
- RSI 33.27 near oversold - approaching capitulation but still weak.
- Vol BNB 387 BTC 3.4244 MA5 213 MA10 258 - volume spike on drop confirms selling.
Levels: Support 0.008824 (Low) / 0.008800 Resistance 0.008865 (SAR) / 0.008916 (High)
Bias: Bearish below SAR. Need reclaim above 0.008865 to flip bullish, otherwise risk to 0.008800.
Educational only, NFA.
$BNB $BTC #BNBBTC $BNB #writetoearn