Binance coin is looking great with the smaller dumps it has been having, which led to the 100 EMA breakdown.
We are looking here at current re-test to 100EMA which seems to us to be weak, but we are looking for a potential further movement to the lower zone.
Swallow Team
Comment
Coin has failed the re-test and went for our smaller resistance zone (from where we had a nice small rebounce)
As of now, the price may go for another attempt and even touch that upper resistance zone before moving to our lower support zones here near $265.
Comment
After the rejection we have been waiting for, price is showing us some further weakness and confusion, which are both good for a potential breakdown to come!!
We are looking for that lower target zone to be touched, which has high chance of being reached
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