Important point for Binance Coin.

BNBUSD was rejected shortly after it broke through its 0.500 Fibonacci extension on 1D. On the previous attempt to break the 0.500 - 0.618 level of the all time highs, it consolidated and declined to the recent December bottom.

It is apparent that it needs to break above the 0.618 level (12.84) to change the negative bias of that level as a rejection zone.

If you have bought in December - January it would be better to book at least some profit now and buy again either near the bottom levels or after 0.618 breaks.