BNB Climbs Above $810 as Buyers Target $815 Resistance
Main Idea
BNB's price rose over 1.5% in 24 hours, surpassing $810 and targeting the $815 resistance level, supported by corporate adoption and disciplined trading patterns.
Key Points
1. BNB's price increased by more than 1.5% in the last 24 hours, moving above $810 after testing the $800 support level.
2. Buyers are now targeting the resistance level at $815, as indicated by CoinDesk Research's technical analysis.
3. Corporate adoption is growing, with CEA Industries becoming the largest corporate holder of BNB after a $160 million purchase.
4. BNB's trading range over the past 24 hours was $792.47 to $814.88, with buyers stepping in repeatedly at the $800–$803 level.
5. Key resistance barriers at $803.50, $807.20, and $809.50 were removed, signaling a potential upward trend.
Description
The price of BNB climbed more than 1.5% in the last 24 hours, managing to overcome weakness during the session to move above the $810 mark, up from a low that test its $800 support level. The cryptocurrency is now targeting the resistance level at $815 after buyers helped push its price further upward through multiple smaller resistance points, according to CoinDesk Research's technical analysis model. Ongoing corporate adoption, with CEA Industries recently becoming the largest corporate holder...
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