{"id":637950,"date":"2024-08-27T05:48:42","date_gmt":"2024-08-27T05:48:42","guid":{"rendered":"https:\/\/uniquehot.com\/?p=637950"},"modified":"2024-08-27T04:56:00","modified_gmt":"2024-08-27T04:56:00","slug":"bnb-price-challenges-550","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/bnb\/bnb-price-challenges-550\/","title":{"rendered":"BNB Price Faces Challenges: Will It Hold $550 and Bounce Back?"},"content":{"rendered":"
BNB price is struggling to stay above the <\/em>$550 support zone. The price could start a fresh increase if it clears the $560 resistance zone.<\/em><\/p>\n
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BNB price started a fresh decline from the $592 resistance zone.<\/li>\n
The price is now trading below $565 and the 100-hourly simple moving average.<\/li>\n
There is a connecting bearish trend line forming with resistance at $560 on the hourly chart of the BNB\/USD pair (data source from Binance).<\/li>\n
The pair could gain bullish momentum if it clears the $560-$562 resistance zone.<\/li>\n<\/ul>\n