BNB: The Bearish Exception in a Bullish Market 🐻💔

In the heart of the week, the digital coins frolic and grow plump, according to the omniscient CoinMarketCap. But Binance Coin, oh, Binance Coin…

Binance Coin (BNB) – the black sheep of the crypto family – has decided to take a modest dive of 0.38% since yesterday. A true revolutionary, it seems.

On the hourly chart, the price of BNB is making a beeline for the local support of $627.48. Should it choose to break free, a graceful descent to the $625 mark by tomorrow is on the cards.

On a grander scale, the prognosis is less a dance and more a dirge. If the daily bar closes below yesterday’s shadow, we might witness a dramatic swoon to the critical $600 zone by month’s end.

In the grand scheme of things, the battlefield is still undecided. If the weekly bar closes at current levels, we might be in for the most thrilling event of all: sideways trading in the range of $600-$650. Riveting!

As the ink dries on this missive, BNB stands at $629.10 – a number as stable as the weather in Moscow.

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2025-03-26 17:48