BNB decreased by 8 % in the last 30 days, but its correction remains less severe than the use of BTC, ETH, XRP and Sol. The total encryption market decreased about 10 % today, while BNB is still flexible.
Despite the declining direction, the BNB environmental system is still strong. Pancakeswap, the largest DeX, has generated larger fees in the past seven days over the UISWAP and Hyperleberber. in Next weeks, BNB can break $ 586 and the target levels near $ 635 or even $ 680.
BNB DMI shows that sellers return to control
The BNB (DMI) directional index indicates that the average trend index (ADX) is currently at 28.5, as it rises from 22.8 yesterday, indicating that the current trend is strengthening.
ADX measures the strength of the direction but not the direction, which means that whether the ups and landing, ADX is the emerging ADX indicates an increase in momentum.
In this case, it remains in the landmark, and the ADX reinforcement indicates that the declining pressure has become more dominant. Unless the purchase activity picks up, the descending movement can accelerate.
+DI (the positive trend index) decreased to 14.3, decreasing from 28.2 two days ago, indicating that the upscale momentum has been significantly weakened.
Meanwhile, the -di (the negative trend index) rose to 28.99, up from 15 days ago, confirming that the pressure pressure is increasing.
With -Di now much higher than +DI, the bears are fully controlled, and the BNB price is likely to remain under pressure. If this trend continues, BNB may face more declines unless the bulls interfere to reflect the momentum.
Ichimoku Cloud displays a decreased preparation for BNB
The Ichimoku cloud of BNB shows that the price is currently trading much less than the cloud, which confirms the declining direction. The sharp decline began after its rejection of the Tenkan-Sen (the blue line), which is now given down, enhancing the short-term weakness.
In addition, Kijun-Sen remains higher than the price, indicating that the momentum prefers the bears. Unless BNB is the main levels, the downward trend can continue in the upcoming sessions.
The future cloud remains red, indicating that the homosexual conditions may continue. When the price is lower than the cloud, it indicates a clear declining trend, and it will be necessary to have a break over it to turn the climb again.
Currently, BNB faces resistance in Tinkan-Sen and Kijun-Sen, and the failure to restore these levels may lead to more negative side. If the BNB remains less than the cloud, the pressure pressure may continue, which makes it difficult for the bulls to restore control.
BNB is currently trading between two important main levels
The BNB price is currently trading between support at $ 559 and resistant at $ 586, with a standardization of prices in this range. If the support is tested 559 dollars and lost, BNB may decrease about $ 500, which is a major level.
It will be a break less than $ 500 important, as it will include the first time that you have traded without this level since September 2024.
With the continued momentum indicators that prefer the bears, the additional downside remains a possibility if the purchase pressure does not increase.
On the other hand, if he can break $ 586, the momentum may gain a $ 635 resistance.
The successful step after this level would indicate a stronger trend, and perhaps BNB paid about $ 680.
In order to reveal this scenario, the bulls need to restore the main resistance levels and reverse the current landmarks. The constant collapse above $ 635 will be the first sign of the trend shift.
Disintegration
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