BNB hovers near 850 USD after brief rally above 855 USD as sellers return

BNB remains steady around 850 USD following a minor rally to 855 USD. Significant selling pressure earlier lowered the price to about 840 USD, where buying interest provided support, showing that buyers are keen to engage in dip-buying.

The technical analysis reveals that BNB effectively tested the 840-845 USD demand zone, holding its ground. Resistance is evident at 855-857 USD, while primary support remains at 850 USD and 840 USD, crucial for maintaining stability.

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