Market Overview for GUNZ/BNB on 2025-12-18
Summary
• Price declined from 1.702e-05 to 1.502e-05, breaking below key support levels.
• High volume consolidation occurred in the 1.666e-05–1.69e-05 range.
• RSI and MACD show bearish momentum with potential oversold conditions forming.
• Volatility expanded during the drop, with prices outside lower Bollinger Bands.
• Fibonacci retracements suggest possible short-term bounce near 1.53e-05.
GUNZ/BNB opened at 1.674e-05 on 2025-12-17 12:00 ET, reached a high of 1.702e-05, and closed at 1.502e-05 by 12:00 ET on 2025-12-18. The total volume was 1,005,258.0 and turnover amounted to 15.09 BNBBNB--.
The price action showed a bearish breakdown from key resistance at 1.69e-05 to 1.666e-05, followed by a sharp decline into the 1.50–1.53e-05 range. A long lower shadow at 1.666e-05 and a bearish engulfing pattern at 1.69e-05–1.678e-05 signaled shifting momentum. The RSI dipped below 30, suggesting potential oversold conditions, while MACD remained negative with bearish divergence.
Bollinger Bands showed a period of contraction before the break, followed by a sharp expansion during the decline. Prices remained below the 20-period and 50-period moving averages for most of the session, reinforcing the bearish bias. Volume spiked at 1.69e-05 and again near 1.666e-05, confirming key price levels.
Fibonacci retracements on the 1.666e-05 to 1.502e-05 move indicate possible support at the 38.2% level (1.53e-05). A bounce from this level could trigger a test of the 1.55e-05 to 1.57e-05 range. However, a breakdown below 1.50e-05 could accelerate the decline further.
In the near term, GUNZ/BNB may find support near 1.53e-05 and could see a short-term bounce. Traders should remain cautious as volatility and bearish momentum persist. A retest of 1.55e-05 may offer a limited entry point, but the path of least resistance appears downward.
Descifrar patrones de mercado y desarrollar estrategias de negociación rentables en el ámbito de las criptomonedas.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet