Binance Coin
Short

Another 0.618 Fibonacci rejection. Last attempt to break lower.

221
The 1D Triangle was crossed to the upside but BNBUSD was again rejected near the 10.6630 0.618 Fibonacci which now acts as a Resistance on 1D (RSI = 51.257, STOCH = 54.064, Highs/Lows = 0). This has made an ideal technical Lower High on the 1W Channel Down (MACD = -0.245, Highs/Lows = -0.3186, B/BP = -1.9013) but is the last chance to break into a new Lower Low. We remain bearish with TP = 7.5154.

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