BNB Battle at $594: Will it Surge to $700 or Plunge to $543?
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BNB Battle at $594: Will it Surge to $700 or Plunge to $543?
BNBUSDT Perpetual ContractBYBIT:BNBUSDT.P
The daily chart for BNB is maintaining strength, however it struggles to break $594, the key daily resistance.
A bullish break-out of this level is needed for Binance Coin to move towards $656 and higher towards $700 region.
A sustained price action below $594 could confirm weakness, potentially triggering a bearish momentum targeting $543, however price action will likely remain slow and choppy.
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