History will repeat? $182 or $110

2023年7月6日

Monthly Chart

Binance Coin ( BNBUSDT) is trading around $236 now.

It's dropped from $398.3 and in accumulating

Look back to the history. I see two drops on Jan 2018 and Jun 2019, both of them has the same percent are about 83.64% and 83.89%.

History usually repeats itself!

I wonder how's about this time?

Now, BNB/USDT in Descending Channel and it's support zones by Fib Channel (1.0) and last Swing Month Low $183.4
Supports can hold it and made it bounced back or Binance Coin will break down and drop to around $110.

Wait and see