BNB has seen one of the strongest run-ups for a large cap in recent history. After failing to breach the $150 resistance area, BNB followed suit on Bitcoins fall earlier today.
Since BNB was waiting for a correction, I think that this sharp downward turn will cause a short term continued fall.
On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.