$BNB Near All-Time Highs—Momentum Slows? 🤔


#BNBChain has surged 181.79% in 2024, now just 10% away from its all-time high of $719.84. But recent indicators hint at a potential slowdown:


🔑 Signs of Weakness:

*/ ADX Trend Strength Dropped to 19, signaling fading momentum.

*/ Ichimoku Cloud Mixed Signals: Price near the cloud edge indicates uncertainty; falling below could spark a bearish trend.


📊 Price Levels to Watch:

*/ Resistance: $667 and $687. Breaking past could drive a new all-time high.

*/ Support: $603 and $593. Losing these could lead to a deeper correction.


BNB’s bullish structure remains intact, but a strong push is needed to regain momentum. Will it hit new highs or consolidate? Eyes on $667! 🚀


#Altcoin Season#

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November 28, 2024 at 11:53 PM
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