Technical analysis by CryptoHyve_ about Symbol BNB: Sell recommendation (3/13/2025)
https://sahmeto.com/message/3332212
CryptoHyve_
Rank: 1630
Analytical Power:
2.5

BNB reached all our targets and is now continuing with the falling wedge pattern. If its rejected from this current area, we can expect more downtrend for now and possibly even complete a correction to the critical support zone (upward trendline). A breakout to the upside is also possible and would see BNB reach $635 in the short-term. Market is very unstable at the moment and fundamental news can trigger a change of trend any moment so trade carefully and always place a stop-loss!
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$580.29