The price of Binance Coin (BNB) has fallen below the moving average lines, reaching a low of $664 on January 19. Bulls are buying the dips as the altcoin corrects higher. The bullish momentum has stalled at the moving average lines, and BNB is currently trading above the $660 support but below the moving average lines. A break above the moving average lines may signal the resumption of the positive trend, with the altcoin potentially reaching its previous high of $730. If it fails to break above the moving average lines, BNB will likely fluctuate above the support level of $660. The 4-hour chart shows that BNB is currently trapped between the moving average lines and is at risk of falling as it is trading in a bearish trend zone.



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