BNB Hits New High Then Slides — Here’s Why Traders Should Be Cautious

BNB reached a new all-time high of $1,375 yesterday, driven by the broader market’s attempt to recover from last weekend’s sharp liquidation event.   However, the rally may be showing cracks. The altcoin’s price has dropped roughly 10% today as bullish momentum fades, and on-chain indicators point to bears gaining ground. BNB Shows Early Signs of Weakness Readings from the BNB/USD one-day chart show that the coin’s Moving Average Convergence Divergence (MACD) is poised to form a bearish crossover, hinting at deeper losses in the near term source: https://beincrypto.com/bnb-price-faces-bearish-reversal-signals/