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Future Outlook for #BNBUSDT Digital Currency ( US Dollar ) on the One-Hour Timeframe
Recovery or further decline? 🤔
〽️ After a series of declines driven by subwaves of a downward wave, this decline may be nearing its end — at least in the short term — with a potential rebound. The price is approaching the ideal target for wave (C), and a reversal from the lower boundary of the price channel will reinforce the expectation of a rebound 📈.
🏹 A break of a key level in the downward wave is expected to lead to an upward movement that could push the price to form a new high above 959.52 🚀.
⚠️ On the other hand, the level of 822.12 is critical to maintaining the recovery scenario. If this level is broken, further decline is expected due to the extension of the downward waves 🚨.
#PreciousMetalsPullBack
#BNB
$BNB