Binance Coin (BNB) Price Analysis for May 25

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Binance Coin (BNB) Price Analysis for May 25
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Can bulls keep the rate of BNB above the $300 zone? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch

On the local time frame, the rate has made a false breakout of the resistance at $306.4 against increased volume. If the daily bar closes above the $304 mark, the growth may lead to the test of $308-$310 zone tomorrow.

On the daily chart, the rate of Binance Coin has bounced off the support at $302.2. As there are no reversal signals yet, one can expect a sharp drop below the vital $300 zone. Thus, enough energy has been accumulated so far for such a move.

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