A coin that rises sharply also falls! BnB is not a coin that promises quick money anyway - it is a long-term investment ๐คท
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asaph1
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The SECRET of BNB's FALL: They are SELLING EVERYTHING before you do. ๐
Hey, my crypto people! ๐ If BNB has just plummeted 13% from its record price of $1,300, the million-dollar question is not whether it's 'cheap', but whether the bullish train has already derailed. Let's get the scalpel out for this, because we don't do gossip here, we do analysis that serves you! ๐
Look at this: the Binance token, the famous BNB, had us used to breaking records almost daily since the end of July. But that party reached a point where even the indicators got tired. The famous RSI (Relative Strength Index) on the weekly chart went into "overbought" territory (it reached 81 and is now at 71), and beware!, that every time this happens, historically the price takes a deep nap. Remember the 70% drop in 2021 or the 44% retracement in July? Well, it's the same alarm signal. ๐จ
Look at this: the Binance token, the famous BNB, had us used to breaking records almost daily since the end of July. But that party reached a point where even the indicators got tired. The famous RSI (Relative Strength Index) on the weekly chart went into "overbought" territory (it reached 81 and is now at 71), and beware!, that every time this happens, historically the price takes a deep nap. Remember the 70% drop in 2021 or the 44% retracement in July? Well, it's the same alarm signal. ๐จ
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