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Looking at the chart, we can see the price bounced some time ago from the resistance line to the support line, thus breaking the 221 resistance. After this price bounced above the resistance line, but when Touching this line, BNB immediately moved down to the buyer zone, breaking the support line. Furthermore, the price broke above the 207 level, but it quickly bounced back, creating a false breakout and entering the range. Price inside the range rallied above, coinciding with the 221 resistance level, then created a bearish impulse to the 207 level. Following this move, BNB returned to the 221 level, but then rejected the buy zone, breaking out of the range. Additionally, Binance Coin recently attempted to break above the 207 level but failed and the price is currently trading very tightly inside the buy zone.
Looking at the chart, we can see the price bounced some time ago from the resistance line to the support line, thus breaking the 221 resistance. After this price bounced above the resistance line, but when Touching this line, BNB immediately moved down to the buyer zone, breaking the support line. Furthermore, the price broke above the 207 level, but it quickly bounced back, creating a false breakout and entering the range. Price inside the range rallied above, coinciding with the 221 resistance level, then created a bearish impulse to the 207 level. Following this move, BNB returned to the 221 level, but then rejected the buy zone, breaking out of the range. Additionally, Binance Coin recently attempted to break above the 207 level but failed and the price is currently trading very tightly inside the buy zone.
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