ANALYSIS $BNB 12-JUL

The daily trend is bearish, the bottom at $BNB is at an unknown place (without any resistance), so it is likely to continue to decline.

The beginning of the daily downtrend is the old peak - where there is strong selling force, so it further supports the bearish factor.

H4 is in a recovery wave, we don't know where it will return, but a maximum of $580 is a strong supply zone.

BNB is in a downtrend and $BTC is also in a downtrend so simply don't buy.

Wait for confirmation of price increase to buy later.

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