Can traders expect one more drop of BNB? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch
On the hourly chart, the price of Binance Coin is trying to fix above the resistance at $235.3. If buyers can hold the price above that mark, the rise may continue to the $240 area.
On the bigger time frame, the price of BNB remains bearish as it is located closer to the support than to the resistance. However, if the candle closes far from the $232 mark, the bounce back may lead to the test of the $240-$245 zone shortly.
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