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coin:native got rejected from the major resistance zone again and the recent breakout rally is starting to lose momentum.
Price is now pulling back down to the ascending support trend line towards 635-640 area. If this support does not hold, then a deeper correction towards lower levels can be expected in the next few days.
The market structure is cautious for now as BNB is still below the key resistance range of 650-690.
Keep an eye on the next reaction – this support zone is key. 👀
#BNB