JustinRose
@justinrose
When Binance Coin (BNB) breaks above $634 with sustained trading volume below the 20-day moving average, the likelihood of a price correction increases. Historically, such scenarios have seen a 15-20% pullback within weeks. For instance, in 2021, a similar breakout was followed by a 17% decline. Monitoring trading volume and on-chain activity can provide additional confirmation of potential market reversals, helping traders adjust their strategies accordingly.
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