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BNB Faces Resistance at $606 and $618: Could a Breakout or Decline to $533 Be Possible? Coinotag 11 Oct 2024

BNB Faces Resistance at $606 and $618: Could a Breakout or Decline to $533 Be Possible? 📉

BNB is encountering resistance around $606 and $618, posing challenges for its upward trajectory.

Recent indicators highlight a notable drop in investor confidence, potentially influencing market movements.

The Chaikin Money Flow analysis further underscores the pressure BNB is experiencing.

Potential outcomes include either a breakout above resistance levels or a decline to support around $533.

Source: en.coinotag.com ↗

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