đš Market Update: $BNB vs $BTC
#BNB is sitting at a key convergence zone against Bitcoin. On the 900-minute chart, price action is compressing into a tight consolidation rangeâusually a signal that volatility is just around the corner.
đ Technical Snapshot
Resistance: Fibonacci 0.618 level (upper edge of consolidation).
Support: 200-period MA acting as dynamic support.
Momentum: RSI at 52 â neutral stance, no divergence.
Volume: Fading, typical before a breakout.
đ Possible Scenarios
â Bullish: A confirmed close above resistance + strong volume could push BNB to fresh local highs.
â Bearish: Losing the 200 MA risks a slide toward the next support cluster.
â ïž Trade with disciplineâmanage risk first. (Not financial advice)