📉 Binance Coin (BNB) is having trouble holding on above the $200 level! 😅 What will be the future of BNB when buyers are not around? Here's a brief analysis:
🔸 Main support levels: $206, $180
🔸 Main resistance levels: $220, $230
1. Indecision continues: BNB cannot move away from its main support above the $200 level. Sellers seem to have the upper hand right now.
2. Indicators are bearish: Volume and momentum indicators are weak and bearish on the daily time frame.
3. MACD bearish cross: The daily MACD made a bearish cross, confirming that the sellers are currently dominating.
🐻 Bias for BNB is bearish. Short-term BNB price prediction: Get ready for a retest of the $206 major support. If this level is broken, BNB price will likely move towards $180.
🤔 So what do you think? Share your ideas about the future of BNB in the comments! 💬🚀
🔸 Main support levels: $206, $180
🔸 Main resistance levels: $220, $230
1. Indecision continues: BNB cannot move away from its main support above the $200 level. Sellers seem to have the upper hand right now.
2. Indicators are bearish: Volume and momentum indicators are weak and bearish on the daily time frame.
3. MACD bearish cross: The daily MACD made a bearish cross, confirming that the sellers are currently dominating.
🐻 Bias for BNB is bearish. Short-term BNB price prediction: Get ready for a retest of the $206 major support. If this level is broken, BNB price will likely move towards $180.
🤔 So what do you think? Share your ideas about the future of BNB in the comments! 💬🚀