CandleFocus Binance Coin (BNB) Prediction for September 6
2024-09-06
Author: Content Editor
Binance Coin (BNB) has seen a slight increase in price over the past 24 hours, with bulls attempting to regain their positions. On the hourly chart, BNB has broken through a resistance level, suggesting a potential continuation of the upward movement. However, on the daily timeframe, the picture is bearish as the price tests a support level. If this support is broken, there could be a sharp drop in price. There are currently no reversal signals from a midterm perspective. If the weekly bar closes at or below the current prices, there is a possibility of a test of a support level in the following days. BNB is currently trading at $499.60.
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