📈 Looking at the #BNB /USDC pair, it's currently sitting at $805.03, which is down about 3.14% for the day. We've seen a 24-hour high of $834.05 and a low of $795.48.
Now, check out that pump we had recently! $BNB absolutely crushed it, soaring all the way up to $861.27! That was a seriously impressive run, showing some massive buying power and momentum.
After such a strong surge, it's pretty typical to see some profit-taking or a bit of a cool-down, and that's exactly what looks like is happening. We're seeing some red candles as it consolidates.
So, what's the vibe? BNB is taking a well-deserved breather after a massive run. The key here will be to see if it can hold this $800-ish level as support. If it consolidates here and finds its footing, we could be setting up for the next leg higher. If it dips further, that 25-day MA around $735 would be the next big level to watch.
Stay sharp!💡
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