On Feb. 13, BNB (BNB) recorded its worst day by day efficiency since November 2022, falling 8.5% to beneath $285. BNB’s worth has since recovered to over $298, however its risk of going through one other sell-off stays excessive. Let’s check out a number of the reason why.
The continuing decline in BNB’s worth got here as part of a broader rising wedge breakdown.
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