๐จ BNB/USDC Update ๐จ
๐ Market Sentiment: Neutral to Bearish
๐ Key Indicators:
๐ MACD: -1.38 (Bearish momentum)
๐ Momentum: -2.42 (Weak strength)
๐ RSI: 41.13 (Neutral, no strong trend)
๐ป Short-Term MAs: Bearish, signaling downside risk
๐ Key Levels:
๐ Resistance: $647.83 (Breakout needed for bullish continuation)
๐ Support: $531.63 (Next key level if price drops)
๐ Potential Scenarios:
โ ๏ธ Bearish: Failure to hold $630-$635 could lead to $531 support.
๐ Bullish: A breakout above $635 could push to $647+.
๐ฏ Short-Term Outlook: Neutral-Bearishโwatch $617 for a crucial support test!
BNB
629.11
+2.46%