BNB is showing weakness after being rejected from the $750 resistance zone.
The price is now testing the $705 support. If we see a clean breakdown below this level, the next target is around $672, then $595.
The bearish case is still intact as long as BNB fails to reestablish the $750 zone. A break could trigger another strong leg down.
Let’s see if buyers can defend this support or if we continue lower.
The price is now testing the $705 support. If we see a clean breakdown below this level, the next target is around $672, then $595.
The bearish case is still intact as long as BNB fails to reestablish the $750 zone. A break could trigger another strong leg down.
Let’s see if buyers can defend this support or if we continue lower.
