Good morning everyone
GOOD MORNING EVERYONE 🌞
A standout news story from June 24 highlights Hong Kong–based chipmaker Nano Labs, which announced a plan to purchase $1 billion worth of BNB, financed partly through $500 million in interest-free convertible notes. The goal is to accumulate 5–10% of BNB’s circulating supply, with several investors already onboard. This move caused Nano Labs' stock to double—mirroring a ~2.7% bump in BNB’s market price .
range-bound, awaiting a breakout above ~$655 for bullish confirmation, or a drop below ~$640-645 to tilt bearish .
Support & Resistance Levels:
Support: ~$640, ~$620
Resistance: ~$648–655, then ~$678 and ~$BNB
720 .$BTC
A standout news story from June 24 highlights Hong Kong–based chipmaker Nano Labs, which announced a plan to purchase $1 billion worth of BNB, financed partly through $500 million in interest-free convertible notes. The goal is to accumulate 5–10% of BNB’s circulating supply, with several investors already onboard. This move caused Nano Labs' stock to double—mirroring a ~2.7% bump in BNB’s market price .
range-bound, awaiting a breakout above ~$655 for bullish confirmation, or a drop below ~$640-645 to tilt bearish .
Support & Resistance Levels:
Support: ~$640, ~$620
Resistance: ~$648–655, then ~$678 and ~$BNB
720 .$BTC
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BNB
649.7
+0.64%