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BNB stays above crucial support at $608.8050; a hold suggests resistance at $626 might be tested, while a breakdown hints at a $408 target.
BNB reclaimed the 20DMA as support, presenting risks for bears amid a potential price squeeze.
Crypto prices are falling today with significant losses across major currencies, including Bitcoin and Ethereum, pulling the total market cap down by over 1% to $2.32 trillion.
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