#BNBUSD: (h2)

Binance Coin reached $665.3, which is quite good against the backdrop of many coins retracing. However, the price is hitting the 23.6% Fibonacci level, and there have already been several bounces down, the last one bringing the price down to $653.5. There is currently a risk of a bearish engulfing pattern, though a bullish signal from the money flow is preventing this. It is preferable to move towards $670 next week.

Chinese microchip manufacturer Nano Labs has officially launched an ambitious plan to accumulate up to 10% of the total BNB supply, making its first purchase of $50 million. The company plans to grow its portfolio to $1 billion.

Earlier, BNB Chain conducted the Maxwell hard fork, which has mostly played out.

Profits to everyone, friends!