Binance Coin (BNB) Price Analysis for May 2

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Binance Coin (BNB) Price Analysis for May 2
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Сan BNB rise against the slight growth of other coins? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch

Despite the fall, the rate of Binance Coin has sharply bounced off the local support level at $322.9. At the moment, traders should pay attention to the daily closure. If it happens near the resistance at $325.8, the growth may continue to the $330 zone.

On the bigger time frame, the situation is quite the opposite, as the rate is located closer to the support than to the resistance. If buyers cannot cope with sellsers' pressure, the breakout of the $320 mark may be a prerequiste for a sharp drop to the $300-$310 zone.

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