VOT Research Desk
In recent days, the bulls have frequently failed to push and sustain BNB’s BNB tickers down$274price above the 20-day EMA of $288.
The bears have seized this chance and are attempting to drive the price lower.
The 20-day EMA has begun to fall and the RSI has dropped below 42, indicating that bears are in control.
There is a small support at $275, but if it fails, the BNB/USDT pair might fall to the critical support at $250. Buyers are anticipated to defend this level and keep the pair trading in a range between $250 and $300 for the foreseeable future.
To take the upper hand, the bulls must push the price above $300 and keep it there. The pair could then try to rally.
