$BNB — previous resistance has finally been cleared with a decisive close
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$BNB ended the day above 746 with a notable margin. Unlike the first brief attempt, the latest close was above the nearest daily highs. The current price is also still above the threshold.
Historically, $BNB had already broken above 746, but failed to hold it the following day. After that, the price rose above it intraday several times, but returned below resistance by the close. The sequence has now changed: a new daily confirmation of the breakout has appeared.
If $BNB holds 746 on a pullback, the weekly area around 780 remains the target. A close back below 746 would remove confirmation of the new breakout. The previous broader recovery thesis is invalidated below 717 on a daily close.
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$BNB ended the day above 746 with a notable margin. Unlike the first brief attempt, the latest close was above the nearest daily highs. The current price is also still above the threshold.
Historically, $BNB had already broken above 746, but failed to hold it the following day. After that, the price rose above it intraday several times, but returned below resistance by the close. The sequence has now changed: a new daily confirmation of the breakout has appeared.
If $BNB holds 746 on a pullback, the weekly area around 780 remains the target. A close back below 746 would remove confirmation of the new breakout. The previous broader recovery thesis is invalidated below 717 on a daily close.