{"id":645564,"date":"2024-10-01T05:28:34","date_gmt":"2024-10-01T05:28:34","guid":{"rendered":"https:\/\/ktsl888.com\/?p=645564"},"modified":"2024-10-01T03:54:41","modified_gmt":"2024-10-01T03:54:41","slug":"bnb-price-momentum-565","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/bnb\/bnb-price-momentum-565\/","title":{"rendered":"BNB Price Could Regain Momentum: Is an Upswing Coming?"},"content":{"rendered":"
BNB price corrected gains below the $600 level. The price is now holding the key $565 support and might aim for a fresh increase.<\/em><\/p>\n
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BNB price started a downside correction from the $620 resistance zone.<\/li>\n
The price is now trading below $590 and the 100-hourly simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance at $585 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair must stay above the $565 level to start another increase in the near term.<\/li>\n<\/ul>\n
BNB Price Extends Rally<\/h2>\n
After a major upward move, BNB price saw a rejection pattern nears the $620 zone. A high was formed at $618 and the price started a downside correction like Ethereum<\/a> and Bitcoin<\/a>.<\/p>\n