BNB/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 647.29304 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 674.140000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 697.730000000 |
| 2nd High | 691.240000000 |
| Next High | 674.140000000 |
| Current Price | 653.490000000 |
| Next Low | 639.000000000 |
| 2nd Low | 625.440000000 |
| 3rd Low | 597.890000000 |
655.470000000 – 674.140000000 – 667.970000000 – 639.000000000 – 642.150000000 – 657.260000000