BNB saw a slight increase in the last 24 -hour period, but recovered regularly after seeing a big draw match to test its $ 750 support level.
The token is now back with $ 760 and shows signs of continuous interest in buyers at key support levels. This rebound came while major cryptocurrencies displayed stronger losses, weighed down by increasing geopolitical tensions and macroeconomic uncertainty.
However, BNB found the request of retail and business buyers, with heavy trading volumes helping him recover from his stengy abrupt stockings.
Asset’s recent performance follows a series of Binance movements to strengthen its platform, including the deployment of the web version of its portfolio and expanding Bitcoin options.
Meanwhile, companies such as CEA Industries, Wintree Therapeutics and Nano Labs added BNB to their treasury vouchers, pointing out a wider appetite for the token.
Compared to other exchange tokens that remain from 30% to 60% reduction on their summits, the 10% BNB draw compared to its $ 861 peak, according to cryptocurrency, positions it as one of the most stable assets in the pressure sector, with Leo.
BNB, according to the same data source, currently has a share of dominance of 81.4% of the total market capitalization in the exchange sector sector.
Preview of technical analysis
BNB resumption was driven by a sharp drop in prices at the start of the session, where heavy sales down the token to $ 746.29.
This level attracted a strong volume with 105,239 tokens exchanged, well above the daily average, suggesting that the buyers intervened aggressively at the discount, according to the Technical Analysis model of Coindesk Research.
After establishing support, BNB began to form a series of upper stockings. This model highlighted a change of feeling while buyers defended new levels several times, gradually pushing the price.
A second rebound supported in volume has reinforced this trend. From there, the token climbed regularly, finally approaching the level of $ 760.
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