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BNB Holds Strong Above $1,000 as Buyers Defend Critical Support Level
BNB Holds Strong Above $1,000 as Buyers Defend Critical Support Level
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[TRADE_PLUGIN]BNBUSDT,BNBUSDT[/TRADE_PLUGIN]
BNB News -
BNB is consolidating above the psychologically important $1,000 mark, with analysts observing higher lows forming NEAR the $925 trendline support. The current price of $1,004.22 reflects a 0.78% daily increase, indicating measured accumulation rather than strong selling pressure.
Technical analysis points to $1,025 as the immediate resistance level. A decisive breakout could push BNB toward the $1,050-$1,080 range, while failure to hold the $1,000 support may lead to a retest of $975. Market participants appear to be positioning for gradual upward movement, provided the ascending trendline remains intact.
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