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Price analysis 10/12: BNB
BNB/USDT BNB tickers down $265 formed a Doji candlestick pattern on Oct. 11, suggesting indecision among the bulls and the bears. Buyers are attempting to start a rebound from the support at $266. If the price turns down from the current level or the moving averages, the BNB/USDT pair could drop to the strong support at $258. The bulls are expected to vigorously defend this level because a break and close below it could sink the pair to $216. Another possibility is that the price turns up and breaks above the moving averages. Source - Coin Telegraph #binance
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