$BNB price analysis....๐๐๐
BNBย
$606
ย has been gradually moving toward $635 where the bulls are expected to face strong selling by the bears. #BNB/USDT daily chart.
If the price turns down sharply from $635, it will suggest that the BNB/USDT pair may extend its stay inside the range for some more time. The pair could drop to the moving averages and thereafter to $495.
If buyers want to seize control, they will have to overcome the obstacle at $635. If they do that, it will suggest the start of the next leg of the uptrend to $692 and eventually to the pattern target of $775.