The range of $BNB 510~540 is an important support level.
From the rise of BNB in mid-March, it can be seen that this position has generated a huge amount of trading volume, and it is pulled up by the accumulation of trading volume.
Before the support level, the market ran for about 3 and a half months. Observing the trading volume, it can be found that the shipment volume is obviously insufficient, proving that there are still many large households or institutions holding a large amount of spot. This shows that these holders will not let BNB fall below this range.
Although the technical indicators show bearishness, I think there is a high probability that there will be a shock adjustment at this position to correct the technical indicators. You can place an order to buy the bottom in this range, or wait for the opportunity to buy the bottom.
(Note to coin friends: Click on the currency symbol (yellow font) in the post to buy spot. Click on the rectangular box at the end of the post to buy contracts. Follow us and don’t get lost!)$ETH $BTC
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