Binance Coin (BNB) resumed its downward spiral on Monday, as it became apparent that bears are now in control of the market bias. BNB now trades along my multi-month-long descending trendline towards the $410 - $400 support area. That said, I expect to see a bearish continuation over the coming days along the trendline as we continue to witness a breakdown of the bull cycle.
Meanwhile, my resistance levels are 436, $450, and $460, and my support levels are $410, $380, and $350.
Total Market Capitalization: $1.91 trillion
Binance Coin Market Capitalization: $70.8 billion
Binance Coin Dominance: 3.7 %
Market Rank: #4
Meanwhile, my resistance levels are 436, $450, and $460, and my support levels are $410, $380, and $350.
Total Market Capitalization: $1.91 trillion
Binance Coin Market Capitalization: $70.8 billion
Binance Coin Dominance: 3.7 %
Market Rank: #4
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