Binance Coin / Dollar may rise to 572.1 - 577.2

Our pivot point is at 552.7.

Our preference

Rebound towards 577.2.

Alternative scenario

Below 552.7, expect 544.3 and 539.2.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 561.5 and 568.8).

Supports and resistances

587.3 **

582.3 *

577.2 **

572.1

560.6 last

556.0

552.7 **

544.3 *

539.2 **

Number of asterisks represents the strength of support and resistance levels.