$BNB is getting closer to a level that could change the whole short term picture. Are bulls ready?
BNB is holding around $750 after recovering from the $704 zone. Buyers are gradually stepping back in, but the daily Supertrend at $779.53 remains the key hurdle before this recovery can look stronger.
Levels on my watchlist:
Support: $742 to $732
Major support: $704
Resistance: $762 to $763
Breakout zone: $779 to $789
A clean reclaim of $763 could give bulls a shot at testing $779. Losing $732, however, could bring another move toward lower support.
The recovery is a decent start. Now BNB needs follow through to prove this move has legs.
#Write2Earn #bnb
BNB is holding around $750 after recovering from the $704 zone. Buyers are gradually stepping back in, but the daily Supertrend at $779.53 remains the key hurdle before this recovery can look stronger.
Levels on my watchlist:
Support: $742 to $732
Major support: $704
Resistance: $762 to $763
Breakout zone: $779 to $789
A clean reclaim of $763 could give bulls a shot at testing $779. Losing $732, however, could bring another move toward lower support.
The recovery is a decent start. Now BNB needs follow through to prove this move has legs.
#Write2Earn #bnb
