BNB/USDT – Community Opinion Needed
Based on the current chart structure and price action, BNB is still trading below its key resistance levels and major EMAs on the 1H timeframe. The overall trend remains bearish, with price struggling to build strong bullish momentum after the recent drop.
At the moment, BNB is consolidating around the 630 area, but repeated rejections near resistance suggest buyers are still weak. Unless BNB breaks and holds above the major resistance zone with strong volume, an upside move looks limited in the short term.
What’s your opinion on BNB?
Do you think BNB can break above resistance and move higher?
Or will it continue ranging / face another rejection?
BNB
616.35
-3.41%