1. Current Market Situation (January 21)
Price: BNB is currently trading around $868.88 - $878.49 USDT.
Variation: It has recorded a drop of between 4.97% and 6.22% in the last 24 hours.
Sentiment: The global crypto market has entered an "extreme fear" zone (index at 24 points), with massive liquidations exceeding one billion dollars across the sector.
2. Parameters for Trading (Technical Reference)
According to intraday analyses and recent projections:
Supports: The price has fallen below $880 and $870 USDT. The next psychological support level is around $835 - $850 USDT.
Resistances: In case of a rebound, the zone of $910 - $920 USDT now acts as an immediate resistance.
Indicators: The RSI remains at neutral/low levels (approx. 48.66), suggesting a phase of consolidation or possible continuation of selling pressure after the breakdown of supports.
3. Important Notes for Trading Today
System Update: Binance has scheduled for today, January 21, the automatic cancellation of all pending orders (Spot and Margin) that were created before January 1, 2024.
Delisting of Contracts: Binance Futures is withdrawing several USDS-M perpetual contracts today, which could generate additional volatility in the affected pairs.
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