๐จ Urgent update on BNB analysis โ Are we witnessing a correction or is this a savvy buying opportunity? ๐๐ฅ
New data shows a significant shift in momentum after touching the $673 zone, followed by a quick drop to $653 ๐
Butโฆ the picture isnโt entirely negative ๐
Current price โ $653
Recent peak: $673
EMA99 is still below the price โ overall trend remains bullish
RSI has dropped sharply โ the market is nearing oversold territory on the short timeframe
The current drop seems more like: โ
a healthy correction
And not a full bearish reversal
๐ Key support now: $650 โ $647
๐ Key resistance: $663 then $673
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