BNB Price Retreats After Rally — More Downside Risks On The Horizon
BNB price is consolidating losses below the $1,200 zone. The price is now facing hurdles near $1,250 and might start another decline in the near term. BNB price is correcting gains and traded below the $1,200 support zone. The price is now trading below $1,180 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $1,180 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $1,120 level to start another increase in the near term. BNB Price Dips Below Support After a steady increase, BNB price....
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