BNB Analysis | Short Term
Hi Guys 🍀
As we can see BNB has been going through corrections just like any other coin. And we can see SELL signals. Check the MACD too and you can see that the market can see lower prices in short term.
Blue lines show support and Red lines show resistance. So we have 2 supports and 1 resistance which can control the price to go sideways for a while until one of them breaks.
So to wrap it up we can say that the price can go down until hitting a support in short term.
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As we can see BNB has been going through corrections just like any other coin. And we can see SELL signals. Check the MACD too and you can see that the market can see lower prices in short term.
Blue lines show support and Red lines show resistance. So we have 2 supports and 1 resistance which can control the price to go sideways for a while until one of them breaks.
So to wrap it up we can say that the price can go down until hitting a support in short term.
Tell me if this chart helped you
Don't forget to hit like and drop comments 💚
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