Is $BNB at $697.51 setting up for a $700 reclaim, or another fakeout?
Up 0.46% in 24h and 0.5% over the last 4h. Nice, but $37.32M volume is only 0.2x the 20d average, RSI sits at 48, and price is still below the 20d and 50d MAs. That’s not strength yet.
Funding is dead flat at 0.000%. Even $XRP has looked cleaner lately. 👀
At $700, I’m watching for rejection, not chasing. Thin volume can make this move look stronger than it is. 📉
#BNB #Crypto
Up 0.46% in 24h and 0.5% over the last 4h. Nice, but $37.32M volume is only 0.2x the 20d average, RSI sits at 48, and price is still below the 20d and 50d MAs. That’s not strength yet.
Funding is dead flat at 0.000%. Even $XRP has looked cleaner lately. 👀
At $700, I’m watching for rejection, not chasing. Thin volume can make this move look stronger than it is. 📉
#BNB #Crypto