$BNB

Current price of small position is 🈳

Reason:

1. Currently breaking below the hourly uptrend line 🧵

2. Pressured by the 20-day, 50-day, and 200-day moving averages

3. There is no decrease in volume during the drop

4. Looking at the 4-hour level, MACD shows signs of forming a death cross above the 0 axis

📈Take profit: Around 845.5 (previous low and support-resistance swap point)

📉Stop loss: Around 859.8 (resistance level also pressured by moving averages)

BNBUSDT

Perp

842.45

-0.54%