📉 BNB Price Action & Range
$BNB is currently hovering near ~$850, stuck in a tight $850–$870 range with defensive trading and selling pressure dominating short-term moves. Traders are watching whether this consolidation breaks up or down.
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📊 Key Levels to Watch
• Support: ~$818–$840 — breakdown could accelerate bearish moves.
• Immediate Resistance: ~$928 — crucial for bulls to reclaim to trigger upside momentum.
• Bullish Target Zone: $920–$950 near-term if buyers step in with volume.
MEXC
⚠️ Market Tone
Short-term technicals show bearish pressure and defensive trading, but fundamentals (burns, liquidity, strong ecosystem) keep traders alert for breakouts.
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🧠 Trader Insight
Range-bound action means scalping & swing traders should watch volume spikes around key support/resistance and set clear stop levels — breakout above $928 could lead to quick moves up toward $1,000+ targets.
