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BNB
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Binance Academy Courses #BNB $BNB
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#BNBATH $BNB is consolidating after a significant rally! The chart shows BNB has retraced from its recent highs above $1,070 and is now finding stability around the $1,010 to $1,020 zone. This consolidation is healthy after a strong move, as it allows the price to build a new base before the next leg up. The key is that BNB is holding above the critical $1,000 psychological level. The moving averages are starting to converge, indicating a potential sideways trend in the short term, but the overall bullish momentum remains intact on higher timeframes. Monitor the RSI closely, as it has cooled down from overbought levels, paving the way for another surge. Trade Setup (Long): Entry Zone: $1,000 – $1,015 (looking for a bounce off this key support) Target 1: $1,050 Target 2: $1,080 (retesting the all-time high) Stop Loss: Below $985 This looks like a fantastic opportunity to accumulate before the next breakout.
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