The sharp collapse of the entire crypto market has caused panic among many investors. The pink glasses broke very quickly due to fear and disappointment.
However, the BNB coin holds up well in the midst of bear chaos. As we can see in the chart, the BNBUSDT price is moving in the correction channel. The current 4 hours can be closed with a hairpin down and on large volumes.
This fact indicates a high probability of a rebound in the price of BNB to $250-270. The test of this mark will not yet indicate the completion of the correction in the BNB market. However, growth of 45% can be a good trade.
It is worth waiting for the right moment and do not forget to stop. It is dangerous to trade on a deposit in such a market without stops.
P.S. Our previous BNB idea worked out perfectly: ____________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
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