BNB - At key support, will the rally continue?
BNB is currently trying to find support on the 50 DMA.
If this daily candle closes below the DMA we might see a possible decline to $340-350 as the SR flip zone is around that level.
If BNB does bounces from here and continues to rally to $900-1000, that move will likely be the last parabolic move short term then I expect BNB to top and drop back to the current levels we are in right now.
If this daily candle closes below the DMA we might see a possible decline to $340-350 as the SR flip zone is around that level.
If BNB does bounces from here and continues to rally to $900-1000, that move will likely be the last parabolic move short term then I expect BNB to top and drop back to the current levels we are in right now.