BNB Coin Weekly Trend Analysis

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BNB Coin Weekly Trend AnalysisBinance Coin / TetherUSBINANCE:BNBUSDTwagmitradersBNB Weekly 1W - Since BNB lost the $691 region on the weekly structure, the price has continued to face downward pressure. We anticipate that the downward movement in BNB will extend toward the purple zone indicated on the chart ($398 - $356 - $334). In the coming days, unless the $691 region is reclaimed, the decline will continue down to the purple zone. Therefore, the purple zone highlighted on the chart appears to be more suitable for long-term spot investments. As long as BNB/BTC does not reclaim the 0.01019 region on the weekly timeframe, the primary downside target for the pair is the 0.00778 region. - NFA