Recently, the price movement of BNB has attracted attention. The four-hour chart shows that an important support level has been breached, which may indicate increased fluctuation in the short term. Market participants should closely follow the key resistance level of $880, as it will determine the direction of the upcoming trend.



If BNB fails to break through the 880 dollar mark, it is likely to trigger a four-hour level pullback. In this case, investors need to be cautious of the initial support level at 870 dollars. If this position cannot be held, it may further drop to the levels of 860, 850, or even 840 dollars.

However, if market sentiment strengthens, BNB is expected to attempt to challenge the 880 USD resistance level again. Once successfully broken, the target resistance levels above will be concentrated around 886 USD and 900 USD. These two price levels may become significant resistance in the short term.

It is worth noting that the overall atmosphere of the current cryptocurrency market seems to be improving, which may provide some support for BNB. However, investors should still remain cautious, closely follow market movements, and manage risks effectively.
BNB1.77%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
MEVictimvip
· 14h ago
Watch more and act less to drop losses.
View OriginalReply0
ponzi_poetvip
· 09-09 19:51
Wait for a wave of high-level shorting
View OriginalReply0
VitaliksTwinvip
· 09-09 19:51
Ready to turn over the dead.
View OriginalReply0
TooScaredToSellvip
· 09-09 19:48
Long order has been placed.
View OriginalReply0
FlashLoanLarryvip
· 09-09 19:38
Bull vs Bear Battle just like this
View OriginalReply0
All-InQueenvip
· 09-09 19:25
Lock in and go for it
View OriginalReply0
LightningLadyvip
· 09-09 19:24
The key is to see the breakthrough at eight hundred and eight.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)