🚀 $BNB (Binance Coin) What is the Next Step? A Big Move is Coming!
Take a look at the chart, friends! $BNB is currently at a critical juncture, and we are waiting for a potential reversal or a deep correction. 🧐
🎯 My Analysis:
Searching for "Strong Low": My view is that the price might first come down to its Green Demand Zone (Strong Low) around $118B. This area could be a perfect spot where buyers will re-enter the market.
Big Bounce Back: If this Strong Low sustains, we could see a sharp U-turn (reversal) from here.
Final Target: The first target of this bounce could be the Previous Daily High (PDH), around $126B.
🚨 Stay Alert!
If the Strong Low breaks, the market could also reach levels of $110B (PWL) and $108B (PML). Therefore, observe the market carefully.
What do you think? Will $BNB soar directly above the Strong Low, or will it first show the level of $110B? 🤔 Be sure to share your view in the comments! 👇
#BNB #BinanceCoin #CryptoAnalysis #MarketUpdate #BullishOrBearish
