Binance Coin (a.k.a. BNB Chain) got rejected on daily 200MA and does not seem to be able to break-out quite yet. Let's hedge our holding with a short position without leverage, entering on the possible bearish retest!
Binance Coin broke out of the broadening wedge, regained support and headed straight to 200MA (purple). Now RSI is overbought, we'll probably see a pull-back towards 100EMA (orange) before more up-trend!
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