BNB TECHNICAL ANALYSIS SEPTEMBER 28
BNB (BNB) declined from $616 on September 23, but the bears could not push the price below the 20-day EMA ($570).
This suggests that the bulls are buying on small dips. The bulls will make another attempt to push the price above $635, which could be a formidable barrier to overcome. If the price turns down sharply from $635 and breaks below the moving average, it will signal that the BNB/USDT pair could extend its stay inside the range.
Conversely, if the buyers do not give up much ground from $635, it will improve the breakout prospects. The pair could then rise to $722.
