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BNB Technical Analysis: Bearish structure testing major demand ($920–$930)

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BNB Technical Analysis: Bearish structure testing major demand ($920–$930)

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?

submitted by /u/BlockScopeHQ
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