Our pivot point is at 671.4.
Our preference: the downside prevails as long as 671.4 is resistance.
Alternative scenario: the upside breakout of 671.4, would call for 679.3 and 684.1.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 665.5 and 667.6). Finally, the Binance Coin / Dollar is trading below its lower Bollinger band (standing at 660.0).
Supports and resistances:
684.1 **
679.3 *
671.4 **
668.3
659.3 last
648.6
643.9 **
639.2 *
634.5 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-12-2025 at 21:50 UTC+1
Price reference: 659.3 last known on 06-12-2025 at 21:50 UTC+1
Investment horizon: INTRADAY
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