Uptrend transition : 240.2-248.8Hello traders!
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(BNBUSDT chart)
It is supported and shows an upward trend around the strong support range of 179.2-210.2.
(1W chart)
The key is whether the price can be maintained by receiving support in the 233.9-260.72 range and rising above 283.4.
If it rises above 339.08, it is expected to show a rapid movement.
(1D chart)
It is expected to turn into an upward trend by rising above 240.248.8.
Accordingly, the key is whether it can receive support around 248.8 and rise above 268.5-285.3.
Even if it falls below the 240.248.8 range, if it shows support around 232.2, that is, around the MS-Signal indicator, it is expected to create a pull back pattern and rise.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
BNBBTC
Third step decline in progressHello?
Hello traders!
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(BNBUSDT chart)
(1M charts)
I touched on the 179.2-210.2 section, which is a very important section.
(1W chart)
It shows a departure from the box section formed over the 211.7-669.3 section.
Therefore, the key is whether it can receive support and rise around 211.7.
(1D chart)
It has fallen to the point where no support zone can be found.
Accordingly, it is not easy to calculate the support section.
The key is whether it can quickly rise above 214.1.
If not, there is a possibility that the decline may continue, so you need to think about a response plan.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
BNB/USD - Binance Coin in trouble? On a net basis, BNB selling volume is higher than buying.
This consolidation above the key support at $200 won't last if this trend continues.
Someone has to defend that support, but without buyers, who's going to do it?
While this price action is rather neutral in terms of bias, I am a bit bearish here. If you check the BNB/BTC chart you'll see why.
BTC overperforming alts is quite something lately.
Like and follow for more!
BNB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BNB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BNB, formerly Binance coin, was another big mover on Tuesday, as the token rose for a back-back session.
BNB/USD reached a high of 213.19 earlier in the day, after starting the week at a low of 208.02.
the native token of cryptocurrency exchange Binance now seems to be pushing for a ceiling of 220.
BNB bulls will need to surpass an upcoming resistance point of 47.00 on the RSI indicator.
BNB is now at a reading of 44.41, with the token trading marginally lower at 211.74.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BNB/USDT Analysis:- Ready for $100 in few Days?Binance Coin (BNB) Technical Analysis: A Bullish Future Amidst Short-Term Challenges:-
Introduction:
Binance Coin ( EURONEXT:BNB ) is currently trading at $209, and there are some intriguing developments in its chart that we need to explore. This technical analysis will delve into the short-term expectations for EURONEXT:BNB and provide insights into potential buying opportunities and long-term prospects. Please note that this analysis represents my personal opinion and is not financial advice. Always conduct your own research before making any investment decisions.
Short-Term Outlook:
As we examine the current chart for $BNB/USDT, it's evident that there's a potential downside move looming in the coming days. However, there's more to the story.
In the weekly chart, a Bull flag pattern is forming. This suggests that while we may see short-term bearishness, there's a strong indication of a bullish trend in the near future. The critical support level for the Bull flag channel is at $100, and I anticipate $100 becoming a key price point in the short term.
Opportunity in the Dip:
With the strong support at $100, this presents an excellent buying opportunity for investors looking to enter the EURONEXT:BNB market or increase their holdings. It's important to note that purchasing at or near this level could yield substantial gains when the next bull run occurs.
Long-Term Perspective:
While the short-term may pose challenges, the long-term outlook for EURONEXT:BNB is quite promising. I anticipate a significant bull run in the future, with price targets ranging between $2000 and $3000. However, this is a longer-term projection and should be considered as such.
Critical Price Levels:
Currently, the $210-$250 range is of utmost importance. Traders and investors should closely monitor this level as it could serve as a pivot point for EURONEXT:BNB 's short-term direction.
In summary, Binance Coin (BNB) is experiencing short-term turbulence, but the formation of a Bull flag pattern suggests a bullish future. The $100 support level is key, and buying opportunities may arise there. Long-term prospects for EURONEXT:BNB are exciting, with potential for substantial gains in the next bull run.
Support Levels:
Short-Term: $200/$100
Resistance Levels:
$310/$460/$660
Remember, this analysis is my personal opinion, and it's crucial to conduct thorough research and consider your risk tolerance before investing in any cryptocurrency. Stay informed and make informed decisions to navigate the volatile crypto market successfully.
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BNB price will collapse back to the $50 level in...Binance is on the verge of a complete and utter collapse. Much like the Luna collapse and the demise of FTX, Binance will be following in the footsteps of the aforementioned crypto scams. BinanceUSD will go to near ZERO as well. I firmly believe that Binance will go down as the biggest fraud in crypto for decades.
Avoid it like the plague!
I will be shorting this worthless ponzi scheme into the ground!
BNB/BTC - BNB: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the CRYPTOCAP:BNB / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.008362 | 0.008528 | 0.008825, and the major support zones can be found at 0.008065 | 0.007934 | 0.007637. Consider entering at the current price zone of 0.008343 and targeting higher levels.
◰◲ General info :
▣ Name: BNB
▣ Rank: 4
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.008343 ₿
▣ 24HVol: 207.150 ₿
▣ 24H Chng: 0.0%
▣ 7-Days Chng: -8.81%
▣ 1-Month Chng: -9.80%
▣ 3-Months Chng: -28.55%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.008362 | 0.008528 | 0.008825
◢ Support: 0.008065 | 0.007934 | 0.007637
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -4.80
▣ Last 90D: -3.11
▣ Last 1-Y: -0.38
▣ Last 3-Y: 1.21
◲◰ Volatility :
▣ Last 30D: 0.28
▣ Last 90D: 0.45
▣ Last 1-Y: 0.54
▣ Last 3-Y: 1.03
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.41 - Bearish
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.39 - Bearish
▣ In-depth BNBBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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BNB/BTC - BNB: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the CRYPTOCAP:BNB / MIL:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.008203 | 0.008346 | 0.008612, and the major support zones can be found at 0.007937 | 0.007814 | 0.007548. Consider entering at the current price zone of 0.008272 and targeting higher levels.
◰◲ General info :
▣ Name: BNB
▣ Rank: 5
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.008272 ₿
▣ 24HVol: 202.604 ₿
▣ 24H Chng: 0.498%
▣ 7-Days Chng: -1.23%
▣ 1-Month Chng: 4.45%
▣ 3-Months Chng: -25.24%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.008203 | 0.008346 | 0.008612
◢ Support: 0.007937 | 0.007814 | 0.007548
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.55
▣ Last 90D: -2.48
▣ Last 1-Y: 0.01
▣ Last 3-Y: 1.29
◲◰ Volatility :
▣ Last 30D: 0.40
▣ Last 90D: 0.45
▣ Last 1-Y: 0.54
▣ Last 3-Y: 1.03
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.34 - Bearish
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth BNBBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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BNB ROAD MAP (1D)Recently, many margins have been created for Binance and there are many concerns that this coin will experience the fall of freedom.
But the chart is really behaving correctly and logically, and we think it is unlikely that what happened to luna or ftx will happen to Binance as well.
Considering the temporal behavior and the number of correction branches we observed, we realized that there is a high possibility that we are in a diametric correction structure.
I marked the beginning of correction in the chart. From where I have marked the red arrow, this coin has entered its large and complex corrective pattern Now what is clear is that if the identified pattern is correct, we should be inside wave E of this diametric.
The green area is a low-risk area for buying, especially for those who are holders.
I believe that those who are even holders should have a specific stop loss.
I specified the invalidation level. If a daily candle closes below this level, this analysis will be violated.
Our first target will be the upper red area.
You should be careful that the time frame of this analysis is daily and time-consuming.
One more drop to 185First, we look at BNB/BTC on weekly chart
BINANCE:BNBBTC has the support around 0.006881
- MACD divergence
- Weaken Selling Pressure shows on Volume
So I expect price will bounce back when hit the support
Second, we look at BNB/USDT on daily chart
After, BINANCE:BNBUSDT has broken down the support and dropped to 203.4
Now, it's pulling back to the resistance 235
I expect Binance Coin will down more to 185 if it's failed at resistance zone
Wait and see next move
BNBUSD 50 % drop - BewareBNBUSD got rejected at the strong resistance level. We expect it to have a short term bounce together with the whole market and if we retest the strong resistance level again, it will the most likely get rejected .
50 % drop coming. Beware
The problem is that it went very parabolic in the bull market and there´s no much support so if we break our support zone, we can go much lower.
If we have some heavy FUD related to Binance exchange, it may drop to 50 $ or a bit lower and it would be a a great opportunity to buy at those low prices. However, it´s not very likely in our opinion .
Good luck!
BNB - 1H rising pullbackThe price of Binance Coin is being upheld by a demand zone on three occasions, and at present, buyers are actively pushing for a significant price increase. Consequently, there is potential for the BNB price to surge and attain a level where supply and demand are balanced, known as the break-even zone.
210.2-243.5 is a strong support sectionhello?
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(BNBUSDT chart)
(1M chart)
The HA-Low indicator has not yet been created on the 1M chart.
So, we need to see if this drop creates an HA-Low indicator.
If the HA-Low indicator is created, the key is whether it can be supported around it.
There is a possibility that the 284.8-353.3 section, which is a support and resistance section formed after the surge, will play a role as a volume profile in the future.
The StochRSI indicator has entered the oversold zone.
Therefore, when coming out of an oversold zone, you should check whether it finds support or resistance at any point or zone.
(1W chart)
The key is whether it can get support and rise above the 233.9 point, i.e. the HA-Low indicator on the 1W chart.
If support is confirmed near the HA-Low indicator, it is time to buy.
The first selling zone is near the HA-High indicator (284.6).
Looking at the correlation between the HA-Low and HA-High indicators, we can see that there is still room for upside since the HA-Low indicator is longer than the horizontality of the HA-High indicator.
However, since the StochRSI indicator has entered the overbought zone, if it falls below 233.9, the situation may change, so a stop loss is necessary when it falls below 233.9 and shows resistance.
(1D chart)
It is showing sideways movement near the MS-Signal indicator.
Accordingly, if it rises above 243.5, it is expected to rise to around 284.8.
However, there is a possibility that it will touch the 150 EMA and M-Signal indicators on the 1W and 1M charts and decline.
Even if it falls to around 210.2 due to a temporary decline, the 210.2-243.5 area is a strong support area, so it is a buying time.
In this way, the 284.8-332.4 section, which is expected to act as a volume profile, corresponds to the first selling section.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
The 210.2-243.5 section corresponds to the buy sectionHello?
Traders, welcome.
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Please also click "Boost".
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(BNBUSDT chart)
Looking at the big picture, I would expect a trend to form along the way out of the 210.2-353.3 zone.
Among them, I think that the 210.2-243.5 section forms a strong volume profile section.
Therefore, if the 210.2-243.5 section is touched or supported, it is time to buy.
If you buy and you think there is nothing you can do to deal with it if it drops below 210.2 and leads to a big drop, then of course you shouldn't buy.
What you must think about before proceeding with the trade, that is, before buying, is to decide when to buy first, when to sell first, and when to stop loss.
Otherwise, there is a high possibility that you will suffer from psychological pressure from the moment you buy.
To do this, you can use the HA-Low and HA-High indicators.
If it is supported by the HA-Low indicator, it is the first round of buying.
When it rises around the HA-High indicator, it corresponds to the first selling period.
The stop loss point can be determined based on the support and resistance points indicated on the chart and the number of splits.
(1M chart)
Looking at the 1M chart, we can see that the 284.8 point corresponds to the last support and resistance point.
However, since the HA-High indicator on the 1M chart forms a horizontal line at point 179.2, there are support and resistance points, but from the current point of view, point 284.8 can be seen as the last point of support and resistance.
Therefore, from a long-term perspective, it can be interpreted that the downtrend is likely to continue.
(1W chart)
Looking at the 1W chart, the last point of support and resistance is at 233.9.
Therefore, from a mid- to long-term perspective, it can be seen as an important period.
Since the HA-Low indicator (243.5) of the 1W chart is formed near the 233.9 point, if it is confirmed to be supported around 233.9-243.5, it is expected to rise to the vicinity of the HA-High indicator (284.6) of the 1W chart.
Therefore, we can see reasons to buy around 233.9-243.5.
(1D chart)
The 1D chart looks very cluttered because the support and resistance points of the 1M and 1W charts are also marked together.
However, based on the 1M and 1W chart descriptions,
1st: 210.2-243.5
2nd: 284.8-332.4
The 1st and 2nd sections above correspond to the important support and resistance sections.
Therefore, if you are trading from a short-term perspective, you can buy in the 1st section and sell in the 2nd section.
If you are going to buy from a mid- to long-term perspective, you can do split buying over the 1st and 2nd sections.
From a mid- to long-term perspective, the sell zone is around 427.2, and from a long-term perspective, the sell zone is around 564.3.
The stop loss for all trading strategies is 179.2.
The next period of volatility is around August 6th.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BNB UPDATE (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
I think it still has the potential to fall and will go below the bottom of wave A. I still have a bearish view on BNB
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ew on BNB
BNB/BTC Main trend in full. Channel. Pivot zone.BNB to bitcoin. Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. The accumulation and distribution zones of a given asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses at scale). Setting trends in the crypto market.
Reaching the resistance of the inner channel (bull market 2021) and from it reversal. Now the price is at the support zone of the inner channel. The zone of the level 0.00744. The reversal zone. The percentages from it to the key support/resistance levels from which the further development of the trend will depend are shown on the chart.
This is how the trend of this crypto coin with its own blockchain exchange Binance on a line chart looks.
📊 Trading pair to the dollar. with a more detailed description.
BNB/USD Major trend in full.
BNB/BTC Main trend 1w. Channel. Impulses. Past idea +450%The chart shows the main trend of the Binance exchange coin. Timeframe 1 week. Logarithmic graph. A trading idea for understanding where the price is in the main trend and what the potential of the price movement is. It should be noted that the main trend is quite strong and has formed an upward channel at a distance. The lows are constantly rising along with the highs. This is a very good sign. For the entire menagerie of thousands of such cryptocurrencies, which show such a confident price growth over a long distance of no more than 20. In most cases, even with a high capitalization, the trend breaks over time.
You also need to understand that this is a cryptocurrency of a popular and very liquid exchange, which is why such a strong trend. If the exchange evaporates, then its coin, no matter what you are told, will similarly go into another world in the moment. Therefore, be careful in trading and accumulating large positions.
Notice the super pumping pulses in the trend like what is happening now. Pay attention What corrections took place after such impulses
Former trading idea of this BNB/BTC trading pair.
This trading idea was published on January 17 at the very beginning of the trend inception, when a local reversal pattern formed at 4h. As the trend develops, I accompanied the price in updates and private. channel. BNB / BTC Local performance Double bottom Potential trend reversal
This is an uptrend on the 1 day now timeframe. Profit from the moment the idea was published is about + 450%. The trend is developing. Now there is a breakdown of the triangle and attempts to gain a foothold above its resistance.
BNB & BTC: Rain☔️ Now, Sun ☀️ Next Week? Cloudy ☁️ and even rainy ☔️ trading conditions lie ahead for the global crypto market in the next 24 hours. This translates into a bearish market with downside risk.
Over a one-week horizon, the sun ☀️ should return indicating a slightly bullish market with upside potential for Bitcoin and Binance. The other altcoins won’t benefit from this change and will continue to be under pressure, ATTMO forecasts show.
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BNB Versus BTC: A Grim PredictionAlthough this is probably becoming a more 'mainstream' view, I still believe BNB has lower to go. I mainly think that shorting BNBBTC is the best expression of a negative view on BNB and Binance broadly, as I think BTC will probably go higher over the next few months.
As Binance struggles with all these lawsuits and faces issues in and out of the US, its competitors are rising. In my opinion, all exchanges will face lawsuits from the US; it's just that Binance is the biggest target. Recently, regulators or Binance revoked some of its licenses, like the UK, Belgium, Netherlands, and Cyprus.
It's been clear for many years now it has done many shady things for which it would eventually have to pay a heavy price. It's unclear how dire the consequences will be, but it's unlikely that they will escape unscathed. There are also many big questions around BNBchain, which is heavily centralized and controlled by a few people.
BNBBTC peaked when FTX collapsed, a clear sign to go short. Why? Because regulators would have to become more active and mainly focus on Binance as it was selling its FTT and was partially blamed for the collapse. But how low could it go? And why?
In BTC terms, the minimum target is 0.0065. It will probably test that high and sweep the double bottom left untouched. However, as time passes, I think it will go significantly lower and potentially get as low as 0.003.
My reasoning is that 1) More exchanges will rise and compete with Binance, like Coinbase, Gemini, and other TradFi exchanges. Maybe even FTX gets revived (FTX 2.0), 2) BTC will dominate flows and liquidity as the ETF over the next year is almost a certainty, 3) Bitcoin, Ethereum, and their L2s will get the most users. Bnbchain will fail to gain extra traction, 4) Binance will face severe regulatory pressures and lose some court cases.
Finally, as you can see in the chart below, BNBUSD doesn't look healthy at all. It's still extremely overvalued, had a mini blow-off top and failure to reclaim support, has been rejected at the yearly Pivot, and has a massive FVG lower. I believe that the price could get to 150 over the next year, even if Bitcoin keeps rallying.
Decision Time for Binance Coin (BNB)Decision Time for Binance Coin (BNB)
- RSI at this low level is typically followed by
significant price increase (See Green Circles).
- A buy here could make sense with a tight stop
below the upward channel border. Equally on a break
of the border to the downside, you could short and set
your stop loss at the channel border.
- We are trending up in the channel but technically we are
not in a full uptrend as we are below the 200 day. Caution
advised.
As we are meeting the border of the channel now is a good time
to consider a position, place it, ENFORCE a stop loss and sit back and
see what happens next.
Best of luck, the parameters are set.
PUKA
Potential Reversal Amid Market PressureBinance Coin (BNB) is currently trading at $235 with an RSI (Relative Strength Index) of 25. Let's delve into the details of recent market movements and the potential implications for BNB's price.
In recent times, BNB encountered a significant support level at $300, after which it experienced a positive swing. The price escalated precisely from this range to reach the resistance level situated at the floor of the previously broken corner pattern, which coincided with the blue range at $320. However, since this level had been breached in the past, it resulted in the formation of a range channel between the aforementioned resistance and the $300 support.
The market dynamics took a negative turn when news regarding the SEC complaint against the Binance exchange surfaced. This led to a prevailing wave of fear and selling pressure across the market, causing important support levels to crumble not only for altcoins but also for Bitcoin. It's worth noting that Bitcoin had already been following a bearish trend within the 4-hour timeframe and was correcting towards its support.
Given the intensified downtrend experienced by BNB, a crucial support range is observed within the $217-$200 bracket. This support level nearly aligns with the floor of the weekly channel range for BNB. If there are discernible signs of reaction and a change in trend within this range, particularly within the 4-hour period, it could potentially herald a positive fluctuation in the price of BNB. Traders and investors should closely monitor for any indications of bullish activity within this key support zone.
However, if selling pressure persists and there are no apparent signs of a shift in market sentiment, the support at $200 is at risk of being breached. In such a scenario, BNB's price may experience further decline, potentially reaching the ranges of $160-$150 and $114-$110. It is crucial to closely track market developments and assess the situation accordingly to make informed trading decisions.