BNBUSDT after making top around 333 started to trade under falling resistance. The price has approached to horizontal support. The same zone is also 0.5 fib level of recently bullish rally. The price took support from same confluence zone, Now price is trading near the horizontal resistance. The bulls need to sustain price above 200 EMA and also break above the falling resistance.
While bears will be in control below falling resistance.
Manage your trade accordingly.
While bears will be in control below falling resistance.
Manage your trade accordingly.
