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Binance Coin
Short

Lower High on 1D made. Bearish continuation.

135
BNBUSD eventually made a Lower High on the 1D Channel Down (RSI = 38.939, MACD = -0.287, Highs/Lows = -0.6415, B/BP = -1.7404) and was emphatically rejected (STOCHRSI = 0.000, Williams = -89.646). This strong rejection was just above the 0.5 Fibonacci retracement level (11.773), which indicates that it is most likely to be sustainable. We remain short with TP = 7.5154.

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