🔥 $BNB : A Major Burn Completed, But Can Bulls Take Control Again?
BNB is trading around $705, while short-term momentum remains weak.
There are two important developments to watch:
🔥 BNB completed its 37th quarterly burn, removing over 1.64 million BNB from supply.
⚡ The upcoming Jenner upgrade could bring new improvements to BNB Chain, including better payment support and new token standards.
Key Price Levels:
Resistance: $707 – $720 – $731
Support: $698 – $688 – $676
📈 Bullish Outlook: A sustained move above $707 could improve market sentiment.
📉 Bearish Outlook: Losing the $697 support area could increase downside pressure.
The bigger picture depends on Bitcoin's direction, market sentiment, and the successful rollout of BNB Chain upgrades.
What do you think: Can BNB regain its bullish momentum in November, or will sellers remain in control?
#BNB #BNBChain #CryptoMarket #Altcoins #CryptoAnalysis
BNB is trading around $705, while short-term momentum remains weak.
There are two important developments to watch:
🔥 BNB completed its 37th quarterly burn, removing over 1.64 million BNB from supply.
⚡ The upcoming Jenner upgrade could bring new improvements to BNB Chain, including better payment support and new token standards.
Key Price Levels:
Resistance: $707 – $720 – $731
Support: $698 – $688 – $676
📈 Bullish Outlook: A sustained move above $707 could improve market sentiment.
📉 Bearish Outlook: Losing the $697 support area could increase downside pressure.
The bigger picture depends on Bitcoin's direction, market sentiment, and the successful rollout of BNB Chain upgrades.
What do you think: Can BNB regain its bullish momentum in November, or will sellers remain in control?
#BNB #BNBChain #CryptoMarket #Altcoins #CryptoAnalysis