BNB recently crossed the 1,000 mark and peaked around1,087. However, the price has since pulled back and is currently showing signs of short-term exhaustion. Analysts suggest a potential correction zone between 900 and950 before another upward move.
If BNB holds above the 1,000 support level, it may retest1,100 or higher. But if selling pressure increases, the price could fall back to key support areas around $900.
Traders should monitor market sentiment and technical indicators closely. Profit booking is advised for existing holders, while new buyers may consider waiting for a retracement to more favorable entry levels.
#BNB #BinanceCoin #CryptoNews #BNBUpdate #CryptocurrencyWealth
