$BNB is holding the line after the Nov 5 dump.
On Binance it's about $695.50 as I write, after a 24h high near $699.50 and a low around $683.94 on the session. Fear & Greed sits at 28 (Fear). That $684 zone is basically the Oct 29 wick low area near $680 that broke the old $698 to $722 box from earlier this week.
My levels through Nov 12:
• Daily close holds above the $684 floor means a bounce toward $710, then a retest of $722 next
• Daily close loses that $684 floor means a retest of the ~$680 Oct 29 wick is next
• Slight bearish lean until a daily close back above $710 holds
• I'd be wrong if $BNB closes and holds above the $722 level
$BNB is one of the quieter majors today (about +0.2 percent) while $BTC briefly traded under the $75,000 mark and alts stayed soft. Watching whether that $684 area becomes a floor.
$BNB $BTC #BNB #BNBChain #PriceAnalysis #CryptoMarket
NFA / Not financial advice
On Binance it's about $695.50 as I write, after a 24h high near $699.50 and a low around $683.94 on the session. Fear & Greed sits at 28 (Fear). That $684 zone is basically the Oct 29 wick low area near $680 that broke the old $698 to $722 box from earlier this week.
My levels through Nov 12:
• Daily close holds above the $684 floor means a bounce toward $710, then a retest of $722 next
• Daily close loses that $684 floor means a retest of the ~$680 Oct 29 wick is next
• Slight bearish lean until a daily close back above $710 holds
• I'd be wrong if $BNB closes and holds above the $722 level
$BNB is one of the quieter majors today (about +0.2 percent) while $BTC briefly traded under the $75,000 mark and alts stayed soft. Watching whether that $684 area becomes a floor.
$BNB $BTC #BNB #BNBChain #PriceAnalysis #CryptoMarket
NFA / Not financial advice
