Binance Coin / Dollar intraday: target 908.6

Our pivot point is at 942.2.

Our preference: target 908.6.

Alternative scenario: the upside breakout of 942.2, would call for 955.2 and 963.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (940.1) but above its 50 period moving average (921).

Supports and resistances:

963.0 **

955.2 *

942.2 **

937.1

931.9 last

916.4

908.6 **