Binance Coin (BNB): Possible Further Movement To Lower Zones

Aug 12, 2024

Binance Coin is back testing the 200EMA, where sellers are looking to take full control of that zone.

We are looking for further movement to lower zones here and possibly a sharp rejection, which would fully secure the current zone!

Swallow Team

Aug 13, 2024

Note

Buyers are still pressuring that 200EMA there but yet there is no sign of a breakout.

As long as we keep the EMA above the market price, we should see further movement to lower zones here; if not, then a re-test of upper resistance!

Aug 15, 2024

Note

Binance Coin is still in the phase of re-testing, where the price has a chance of being successful rejected from here.

Our gameplan is not changing here so we wait and keep an eye!

Sep 16, 2024

Note

Binance coin made a good 10% market price movement to lower zones here but not yet the move we want to see!

So far we have multiple moves and bounces from 200EMA but every time we come back to this zone, we still keep an eye on this zone!