$BNB is actually holding better than i expected after that ugly drop 😂
Price went all the way near 705, recovered back to 745 and rn it’s sitting above MA7, MA25 and even MA99 on the 4H.
That doesn’t mean breakout already btw.
754 is still the area buyers haven’t really cleared, and every time BNB gets around there someone seems ready to sell.
But compared to few days ago, structure looks way less ugly now.
If 740-735 keeps holding and price finally takes 754, then i’d start looking higher again.
If it loses those MAs and falls back inside the range… yeah, then this whole recovery was mostly noise 😭
For now $BNB bulls actually got something to defend.
Price went all the way near 705, recovered back to 745 and rn it’s sitting above MA7, MA25 and even MA99 on the 4H.
That doesn’t mean breakout already btw.
754 is still the area buyers haven’t really cleared, and every time BNB gets around there someone seems ready to sell.
But compared to few days ago, structure looks way less ugly now.
If 740-735 keeps holding and price finally takes 754, then i’d start looking higher again.
If it loses those MAs and falls back inside the range… yeah, then this whole recovery was mostly noise 😭
For now $BNB bulls actually got something to defend.
