$BNB Analysis + Next Move Prediction ๐จ๐
$BNB is currently battling heavy resistance after a rejection from the $959 zone. The price is trading around $880, showing a slight dip as it tries to find solid footing. While the long-term trend remains strong with an upward-sloping 200-day moving average, the short-term 4H chart is looking a bit shaky. ๐ฅ๐ฅ
๐ The Real Talk Analysis:
The chart shows a clear "lower high" pattern after failing to break the major $959 - $974 resistance area. Volume is steady at $55M, but the bears are currently in control of the local price action. We are seeing a lot of "wick" activity near the $864 support, which means buyers are stepping in, but they lack the strength to push it back to $900+ for now. ๐โ ๏ธ
๐ฅ๐ THE NEXT MOVE PREDICTION ๐๐ฅ
โข The Bullish Rebound: If $BNB holds the $860 - $870 support and flips $900 back into support, expect another test of the $959 barrier. A clean break above $1,014 is what we need for a true moon mission. ๐โก
โข The Bearish Slide: If the current support at $864 fails, we might see a quick drop toward the $820 - $840 zone to collect more liquidity before any recovery. ๐๐ฏ
โข Bottom Line: Don't catch a falling knife. Wait for a solid rejection at the $864 support or a high-volume breakout above $920 to confirm the next big leg up. ๐๐ง
Are you buying the #BNB dip or waiting for $800? Let's hear your strategy! ๐
