BNB’s 8% rally stalls! – Examining why traders should be cautious

BNB rallied 8.5% over the last week, though it underperformed against Ethereum’s 41% increase and Bitcoin’s 6.27% rise.

The current price consolidation around 660 USD raises volatility concerns, with warnings about false breakouts impacting trader decisions.

Indicators suggest BNB might experience a dip, as bearish signals occur within a consolidating market structure, advising traders to proceed carefully.