#BNBUSDT – Is it advisable to buy during a price dip?
On the monthly timeframe, the trend of
$BNB stock price remains bullish. After breaking above its previous high of (695 dollars) in the last cycle, the price did not retrace to test it again.
Now, the price has returned to the previous high, which now acts as strong support, so a rebound is likely.
The indicators are also still positive: the Relative Strength Index (RSI) is above 50, the MACD indicator is bullish, and there is no bearish divergence.
#CryptoMarketPullback #BNB $BNB