🔴 $BNB · 4H
Price is $714.56 and $BNB remains below the averages that capped it earlier. The $708.64 area held twice over the last two weeks and is being tested again. Price is down in the lower third of that range. There is only 0.8% between price and support. The 20 has stayed below the 50 for a long stretch now. RSI at 37 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $710.15 and $724.25, sitting around the middle of it now. Turnover is unremarkable, running 0.9x the recent average. Down 0.9% over 24 hours.
DYOR
$BNB #TechnicalAnalysis
Price is $714.56 and $BNB remains below the averages that capped it earlier. The $708.64 area held twice over the last two weeks and is being tested again. Price is down in the lower third of that range. There is only 0.8% between price and support. The 20 has stayed below the 50 for a long stretch now. RSI at 37 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $710.15 and $724.25, sitting around the middle of it now. Turnover is unremarkable, running 0.9x the recent average. Down 0.9% over 24 hours.
DYOR
$BNB #TechnicalAnalysis