¡BNB! 👁️👁️

The price of BNB retraced to the 50-day moving average ($601) on November 26, but the bulls held the level. The balance between supply and demand will tilt in favor of the bears if the price falls below the 50-day moving average, and it could descend towards the uptrend line.

On the other hand, a close above $635 suggests that the bulls still have control, and the price could rise to $667, $687, and potentially to $722.