BNB stays above 1,060 support level as traders anticipate breakout towards 1,140

BNB remains stable near 1,060 USD, with traders anticipating a move to 1,140 USD. Stablecoin reserves on Binance surged from 32 billion USD to 44.6 billion USD, signaling a cautious investment approach. Following the October 10 liquidation, more traders are focusing on spot markets, resulting in increased trading volumes.

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