🚨 ALERT $BNB! BNB Breaks Critical Support of $890 and Falls to $889.11 USDT 🚨
Breaking News (Binance Market Data): The native token of Binance, $BNB, has just fallen below the psychological and technical threshold of $890 USDT. It is currently trading at $889.11 USDT, with a slight decrease of 0.37% in the last 24 hours, but the move below this support is crucial.
Immediate Impact: The break of a key support often triggers automatic sell orders (stop-loss), which could accelerate the fall of $BNB in the coming hours. Traders are watching to see if the $880 level will serve as the next defensive support. Volatility is guaranteed.
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Is this the time to go short on $BNB, anticipating a further drop to the next support?
Do you think Binance will defend the price of $BNB with its treasury to avoid panic?