The pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support line at 607.86 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 666.16 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 909.43 |
| 2nd High | 783.57 |
| Next High | 666.16 |
| Current Price | 657.250000000 |
| Next Low | 607.86 |
| 2nd Low | 588.64 |
| 3rd Low | 577.06 |
666.16 – 652.87 – 640.55 – 607.86 – 588.64 – 577.06 —
647.160000000 – 668.670000000 —
56.099737374704 – 67.791419334564 —
– —
666.16 – 1772640000