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Bullish
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BNB/USDT Analysis: Seeking Insights Hey Binance community, I'm analyzing the BNB/USDT chart and noticed a key resistance at $721.8, with the price currently around $671.4. The EMAs are indicating potential bearish momentum: EMA(7) at $677.5, EMA(25) at $680.6, and EMA(99) at $644.6. Given the volume spike on June 6 and the subsequent decline, what are your thoughts on the next move? Will $BNB break below the $671.4 support, or could it bounce back towards $721.8? Looking forward to hearing your insights and strategies!#Binance200M #BnbAth #TopCoinsJune2024 #BNBAnalysis

BNB/USDT Analysis: Seeking Insights

Hey Binance community, I'm analyzing the BNB/USDT chart and noticed a key resistance at $721.8, with the price currently around $671.4. The EMAs are indicating potential bearish momentum: EMA(7) at $677.5, EMA(25) at $680.6, and EMA(99) at $644.6. Given the volume spike on June 6 and the subsequent decline, what are your thoughts on the next move? Will $BNB break below the $671.4 support, or could it bounce back towards $721.8? Looking forward to hearing your insights and strategies!#Binance200M #BnbAth #TopCoinsJune2024 #BNBAnalysis

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