BNB.USDT (Y20.P4.E2).Staking price action again.

Hi,

Looks like more downward pressure and the 0.5 fib level looks ideal with confluence with 50 EMA and previous resistance level.
This candle on the 12 hrly looks week and we have the MACD and Phoeix showing downward pressure.

I could be wrong were we can also see a ranging price at this current level. But there is no rush to jump in yet as we might have a bounce on the btc dominance in the short period.

Cheers,
S.SAri