BNB - 4h. Buyers will be in danger if they do not keep $40-41.

On January 22, buyers almost lost the initiative in the BNB market. The price fell below the liquid zone of $40-41 and broke the trend line of buyers.
Buyers managed to stop the fall in the range of $37. Thus, on the daily timeframe you can see a broad consolidation in the range of $37-44.
The range of $ 40-41 is the middle of this consolidation and local buyers support to continue BNB price growth. Since the price has not yet reached the top target and TC is still above the $30700-31300 range there is a good chance for another local wave of growth.

The active wave of BNB price growth has been going on since December 11. If buyers do not keep the range of $40-41 now, the growth trend will be broken and there will be a risk of forming a reversible figure "head and shoulders".

Therefore, within two days the price should be determined in relation to further medium-term price movements.
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