* BNB is still stuck in a range between 220 – 250 USDT. * Currently, it looks as if BNB is forming a Head and Shoulders pattern on the 4H TF. The neckline is at the 242 USDT Level. * The target for the Head and shoulders is 225 USDT. However, there is a daily demand zone between 231 – 236. I think it is possible for this demand zone to hold BNB’s price from further deterioration. * If you are inclined to short BNB, wait for a retest of the neckline as resistance. NFA. What do you think? Please share in the comments. Best Wishes.
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