The technical aspect of BNB is weak: the resistance at $850-860 is hard to break, and it may continue to oscillate within this range.

[Coin World] The technical aspect of BNB is still a bit weak at the moment. The price has been consolidating below the 9-day and 20-day moving averages, leaning towards the bearish side. The MACD and other momentum indicators show that the selling pressure has eased somewhat, but here's the issue—the price has repeatedly faced resistance in the range between 850 dollars and 860 dollars, getting stuck tightly. Looking downward, the key support level is around the mid-840 dollars to the low-830 dollars range. From the order book situation, it is likely that the price will continue to oscillate back and forth within this range until a clear breakout signal appears.

BNB0.56%
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GhostWalletSleuthvip
· 20h ago
860 has crashed, this will take forever.
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LayerZeroJunkievip
· 20h ago
It's really frustrating to be stuck at 850-860, it just doesn't want to go up or fall. How are retail investors supposed to play this?
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NotFinancialAdviservip
· 20h ago
Stuck in the 850-860 range again, when will this death zone break?
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