$BNB Why Did BNB Drop Today?
BNB recently faced a minor drop due to profit-taking by traders after touching near all-time highs. Overbought conditions on RSI indicators also led to a short-term correction. In addition, slight volatility in the overall crypto market added pressure.
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๐ Will BNB Go Up Again?
Yes โ technical patterns still show strong bullish momentum:
The BARR bottom pattern suggests a breakout move.
Open Interest is rising, indicating more traders are positioning for a rally.
If BNB breaks the $780 resistance level, there's a high probability it could surge toward $900โ$1000 soon.
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