$BNB is losing the floor I was watching, so here's an honest update on my Nov 8 call.
For 10 days BNB sat in a tight $680 to $723 box. I leaned slightly bullish while $690 held. That lean was wrong: after the hot CPI print, BNB slipped to $670.06 on Binance today, the lowest since Aug 21, and trades near $674 as I write.
What I'm watching through Fri Nov 13:
- A daily close (5:30am IST) under $680 confirms the breakdown. The next zone I'd expect is $653 to $655 where the late-August breakout started.
- A quick reclaim and daily close above $692 would make this a fake-out and put the $700 to $723 range back in play.
Bearish while under $680. BTC near $73,300 and a weak ETH don't help.
#BNB #CryptoMarket #PricePrediction
NFA
For 10 days BNB sat in a tight $680 to $723 box. I leaned slightly bullish while $690 held. That lean was wrong: after the hot CPI print, BNB slipped to $670.06 on Binance today, the lowest since Aug 21, and trades near $674 as I write.
What I'm watching through Fri Nov 13:
- A daily close (5:30am IST) under $680 confirms the breakdown. The next zone I'd expect is $653 to $655 where the late-August breakout started.
- A quick reclaim and daily close above $692 would make this a fake-out and put the $700 to $723 range back in play.
Bearish while under $680. BTC near $73,300 and a weak ETH don't help.
#BNB #CryptoMarket #PricePrediction
NFA
