BNB faced resistance at the one-week bearish order block at $300.
A retracement toward $260 was possible, but it is unclear if the pullback will be that deep.
Binance Coin [BNB] broke out past a significant resistance zone on the 26th of December. It surged from $266 to $303.2 within a day, a 14.85% move. At press time, BNB prices were pushed below the $300 mark.
AMBCrypto reported that the Binance Smart Chain [BSC] experienced a rug pull on the same day. The token targeted was OmniCat [OMNI], but its ramifications could extend beyond the project.
BNB maintains a strong bullish outlook
Source: BNB/USDT on TradingView
Despite the news of the rug pull, BNB showed strong bullish conviction from market participants. Its market structure on the one-day chart was firmly bullish. Moreover, the $266-$276 resistance zone was also breached.
This area has had significance since August 2022, marking it as an HTF resistance. The rejection from $305 on the 16th of December was also from a signific
We współpracy z: https://ambcrypto.com/bnb-price-nears-305-what-does-its-prediction-say/
