The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.
RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
haha, right now the price of BNB has reached nearly $ 32 after terrible price increases. although you talk about the level of technical analysis is quite convincing but everything has gone exactly the opposite.
This is also one of the reasons why I did not study and did not learn much about technical analysis. It really doesn't guarantee me the win.
When others coin drop againts bitcoin, only few coin can survive and increase the price againts bitcoin and BNB Coin is one of them. I think BNB is solid investment for the future and if DEX success, it could be top 5 coinmarketcap