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Binancecoin BNBUSD Intraday Chart
In the BNBUSD intraday chart, Binancecoin has already tested the key intraday zone $259-$263.
After that it re-tested $254 as a support and got back into the sellers' zone of $259-$263.
The current price action in this zone could be considered as a sign of strength.
Therefore, a continuation of the bullish move is likely towards the next key intraday resistance of $270-$272.
For now $259-$263 will be considered as a resistance, while $254 will be an intraday support.
Binancecoin BNBUSD Trade Ideas
I am monitoring the intraday chart of BNBUSD and consider the following scenario.
A dip and a bullish rejection of $254 or, even better, the zone of $249-$251 will offer a long towards $270-$272.
Please check out Binancecoin BNB Technical Analysis, Price Prediction and Forecast 21 November 2023.
Andrey