BNB: Is Short-term Weakness Ahead? Two crucial levels provide insight

BNB’s circulating supply at 139 million hints at significant price shifts. The recent drop from an all-time high of $949 to $911 highlights market volatility, though a slight recovery to $928 indicates ongoing interest.

Despite fluctuations, on-chain activity has surged, with a 1.2% rise in active users and high transaction volume. DMI and Stochastic RSI suggest cautious optimism, indicating potential buyer exhaustion and reliance on support levels around $883.

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