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🔰The value of BNB may regain its growth if it holds a key support level.
🔰BNB managed to surpass Bitcoin and Ethereum by moving above $600, but then encountered resistance near $645. The peak was recorded precisely at $645, and shortly after, the price began to decline. It even went below the $600 level.
💠The price dropped below the 23.6% Fibonacci retracement level from the upward movement from a low of $365 to a high of $645. It is currently trading near $515 and close to the 100-period simple moving average (4 hours)
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