BNBUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
BNBUSDT running in negative trend and its immediate strong resistance are 594 to 597 level . Stop loss is 609 level and it can fall towards 587 level minimum because of irregular correction made on 5 minute chart at level of 587 .Intraday purpose selling is better for targets 587,584 and 580 levels respectively with stop loss 609 level. Intraday stop loss is 600 level .
QUICK FUNDAMENTAL LOOK
BNB has faced a significant rejection at a critical resistance level, raising concerns among traders about a potential price correction. After an impressive rally, the momentum has faltered, leaving the cryptocurrency at a crossroads.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .