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LiuJinjue

BNB hourly chart sees a one-sided sharp drop. The coin price directly breaks through the lower Bollinger Band, bearish momentum is strong, and bears are dominating the market.



Near-term support is at 563, and on any rebound the first resistance to watch is 577. If there’s no indication that the sell-off is ending in the short term, stay on the sidelines; it’s not recommended to go long before the price stabilizes. #BNB
BNB0.35%
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VineGeometry
· 07-08 09:13
This kind of one-sided dumping is the worst. If the rebound is weak, you can look for short opportunities around 577, but don't go heavy.
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BalanceScreenshotAfterTheRain
· 07-08 09:10
If the 563 support can't hold, the next level is hard to say. Keep your hands off.
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BetaParanoiac
· 07-08 08:52
Can't even hold the lower Bollinger Band, short-term trend is broken. Wait for a stabilization signal before considering, entering now is catching a falling knife. #BNB
View OriginalReply0
PanicSellPaul
· 07-08 07:59
The lower track broke, the bears are indeed fierce, let's wait and see.
View OriginalReply0

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