Is the fall of BNB going to last until the price reaches the $200 zone? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch
On the local chart, the rate of Binance Coin has set the support level at $253.9. The volume remains high, which means that sellers might have started fixing their positions.
If the price remains above the $250 zone, there is a chance to see a bounce back to the resistance at $268.5 tomorrow.On the bigger time frame, the rate of BNB has tested the mirror level at $253.3. At the moment, traders should pay attention to the bar closure. If it happens with non-long wicks, the drop may continue to the $240-$250 area shortly.
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