Source: CryptoNewsNet
Original Title: BNB token ticks higher as technical upgrades frame tight price compression
Original Link:
BNB extended recent gains over the last 24-hour period up 1.7% and trading around $906.
Price action over the period reflected steady demand rather than a straight breakout, according to technical analysis data model. BNB posted a sequence of higher lows and spent much of the period consolidating between the high-$890s and low-$900s.
Trading volume expanded during the push through $900, then eased as the price probed higher levels, suggesting buyers were less aggressive near resistance.
Technically, BNB remains compressed between two well-defined boundaries. Rising support from December’s lows continues to underpin the price, while a descending resistance zone near $910 has capped follow-through. The structure points to balance rather than direction, with neither side yet in control.
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BNB Token Ticks Higher as Technical Upgrades Frame Tight Price Compression
Source: CryptoNewsNet Original Title: BNB token ticks higher as technical upgrades frame tight price compression Original Link: BNB extended recent gains over the last 24-hour period up 1.7% and trading around $906.
Price action over the period reflected steady demand rather than a straight breakout, according to technical analysis data model. BNB posted a sequence of higher lows and spent much of the period consolidating between the high-$890s and low-$900s.
Trading volume expanded during the push through $900, then eased as the price probed higher levels, suggesting buyers were less aggressive near resistance.
Technically, BNB remains compressed between two well-defined boundaries. Rising support from December’s lows continues to underpin the price, while a descending resistance zone near $910 has capped follow-through. The structure points to balance rather than direction, with neither side yet in control.