| BNB remains in a sustained bearish part after failing to hold current highs near $960–$968. The worth action on the 2H timeframe exhibits a transparent sequence of lower highs and lower lows. Key Technical Levels: • Crucial Help: The worth is at present grinding down to test the main horizontal demand zone at $920–$930. This space has beforehand acted as a structural flooring. • Reversal Requirement: A sustained reclaim and close above $950–$956 is required to signal early buyer participation and open a path again to $960+. Elementary Context: Despite the worth weak spot, BNB maintains robust utility inside the ecosystem (Launchpad, DeFi, Charges), which frequently offers long-term buoyancy. The coming periods are essential. Will we see capitulation or a reversal base at $920? [link] [comments] |
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