Can BNB fix above $300 by the end of the day? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch BinanceAngels
On the hourly chart, Binance Coin has bounced back from the local support level of $295.3; however, it could not keep the rise above the $300 mark.If buyers cannot close the day above $300, there are low chances of seeing growth tomorrow. Thus, the native exchange coin is looking worse than most of the other cryptocurrencies.
Today's candle has not affected the technical picture of Binance Coin as the token keeps accumulating energy for a further move. Further growth is possible if the bar closes above the $310 zone. If that happens, BNB might rise to the resistance at $336.3. Binance Coin has made a false breakout of the mirror level at 0.017499. Until the rate is above it, buyers have a chance to accumulate power and keep the rise going. However, if the candle closes below that mark, the bearish scenario will become relevant again.
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