⚠️ BINANCE COIN ($BNB ) - The $770 Resistance is NOT a Joke! ⚠️ (Shocking Warnings ⚠️)
Heads up, $BNB holders! While the market is buzzing with overall optimism, Binance Coin is hitting a critical technical ceiling. The area around $770 is acting as formidable resistance following the recent rally. Price action has turned sideways, and all the moving averages are clustering, signaling major indecision.
The upward trend for $BNB is safe only if it holds above the long-term trendline and the 200 EMA (around $765). If this short-term resistance rejects the price, we could see a quick retest of the $740 support zone. The risk here is buying the top of a consolidation range right before a minor pullback.
What are you doing at $770? Selling some to take profit, or buying the breakout? Let me know your plan!
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