The trend has changed with the liquidation of the structural low on the 4h chart, which indicates a bearish momentum
There is a clear trend line that has stop losses above it so the price might take it out first in order to continue bearish.
Equal Lows formed a Support zone on the 4h Chart which has stop loss liquidity below it.
BNB can have a reaction from either of the Supply Zones noted on the chart.
The overall Daily Bias is Bearish
There is a clear trend line that has stop losses above it so the price might take it out first in order to continue bearish.
Equal Lows formed a Support zone on the 4h Chart which has stop loss liquidity below it.
BNB can have a reaction from either of the Supply Zones noted on the chart.
The overall Daily Bias is Bearish
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Disclaimer
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.