BNB Token Sees Price Compression Amid Technical Upgrades: Analysis
The BNB token is experiencing price compression, according to reports. Technical analysis indicates that BNB is trading between rising support and a descending resistance zone close to $910. This pattern suggests a balance between buying and selling pressure, rather than a definitive directional trend for the token. The price compression occurs as technical upgrades are implemented.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.