BNB Analysis



The hourly K-line rebounded to 666.43 but faced resistance and pulled back, with the lowest touching 641.12. Currently, it is oscillating around 647. The MA7 and MA30 have formed a death cross, with short-term moving averages showing clear resistance, indicating a clear bearish trend.
Volatility increased on Non-Farm Payrolls night, with BNB moving in tandem with Bitcoin. The trend remains downward. A rebound to the 650-655 range is an ideal shorting point. Next levels to watch are 640-620-600. A break below could lead to a medium- to long-term target of 580.

$BTC $GT
BTC-4,1%
GT-0,86%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin