Here is the latest analysis for Binance Coin ($BNB ):
Technical Analysis:
Support Levels:
$696 (20-day exponential moving average)
$683
$642
Resistance Levels:
$722
$737
$794
BNB is currently trading between the 20-day EMA ($696) and the overhead resistance at $722, indicating indecision between buyers and sellers.
Recommendations:
Buy: If the price breaks and closes above $722 with high volume, this could signal a continuation of the uptrend towards $760 and $794.
Sell: If the price falls below the 20-day EMA ($696) with significant volume, this could open the door to a further decline to the $635 to $722 range.
DYOR