Technical analysis by SwallowAcademy about Symbol BNB: Sell recommendation (2/12/2024)

Binance coin has been having some small corrections, which ended up with the current 4-hour candle pushing heavily to the upper zones (potentially short-squeezing). We are looking for that smaller support zone to be broken and enter with a potential short position 👀 Swallow TeamComment: While Binance Coin had a really pushy day yesterday, we are still looking for a price to test that support zone there. The push got suppressed by the upper resistance of BB, which is the last holding zone of the coin. If this zone is lost to buyers, then the idea will be invalid, but as of now, we are waiting 👀