{"id":639947,"date":"2024-09-05T05:28:11","date_gmt":"2024-09-05T05:28:11","guid":{"rendered":"https:\/\/ktsl888.com\/?p=639947"},"modified":"2024-09-05T04:12:08","modified_gmt":"2024-09-05T04:12:08","slug":"bnb-price-struggles-500","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/bnb\/bnb-price-struggles-500\/","title":{"rendered":"BNB Price Struggles to Hold $500: Is a Breakout Coming?"},"content":{"rendered":"
BNB price is struggling to stay above the <\/em>$500 support zone. The price could gain bearish momentum if there is a close below the $500 support.<\/em><\/p>\n
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BNB price started a fresh decline from the $540 resistance zone.<\/li>\n
The price is now trading below $520 and the 100-hourly simple moving average.<\/li>\n
There is a short-term rising channel forming with support at $500 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair could gain bearish momentum if it settles below the $500 support zone.<\/li>\n<\/ul>\n