Source: CryptoNewsNet
Original Title: BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone
Original Link:
BNB rose to $908 over the last 24-hour period, up 1.44%, as a surge in trading volume suggests that large investors may be accumulating the token during a consolidation phase.
Volume spiked 68% above average, peaking at 86,436 tokens in a single hour, as BNB tested a key resistance cluster between $920 and $928 according to technical analysis data. The token pulled back slightly to $903 but held above its recent lows near $896, forming a sideways trading range. This pattern often signals buyers preparing for a larger move.
The uptick comes amid a broader crypto market rebound, where major assets like bitcoin and ether posted gains of 0.5% to 3.5% following positive signals from traditional finance, including looser monetary policy expectations as the Federal Reserve is now widely expected to cut interest rates this month.
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ZenChainWalker
· 2h ago
Oh, this surge in trading volume is real. Are whales lying in wait?
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probably_nothing_anon
· 3h ago
Hmm... With such a large volume, it's only moving this much? It has to break through 910 for it to really count, right?
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OneBlockAtATime
· 12-04 21:00
Are the whales quietly accumulating? Is this round about to take off again?
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CrashHotline
· 12-04 20:59
Oops, a whale is entering the market—looks like the resistance level is about to be broken.
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WhaleWatcher
· 12-04 20:49
Hovering around 900 again. Will it break through this time?
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ConsensusDissenter
· 12-04 20:48
Trying to lure me into buying the top again? Increasing volume isn’t always a good signal.
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consensus_whisperer
· 12-04 20:44
Volume surged by 68%. Are the whales quietly accumulating? Is the $910 resistance level about to be broken?
View OriginalReply0
MindsetExpander
· 12-04 20:42
Damn, the volume has increased. Are whales quietly accumulating?
BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone
Source: CryptoNewsNet Original Title: BNB Nears $910 as Volume Jumps 68%, Signaling Growing Interest Near Resistance Zone Original Link: BNB rose to $908 over the last 24-hour period, up 1.44%, as a surge in trading volume suggests that large investors may be accumulating the token during a consolidation phase.
Volume spiked 68% above average, peaking at 86,436 tokens in a single hour, as BNB tested a key resistance cluster between $920 and $928 according to technical analysis data. The token pulled back slightly to $903 but held above its recent lows near $896, forming a sideways trading range. This pattern often signals buyers preparing for a larger move.
The uptick comes amid a broader crypto market rebound, where major assets like bitcoin and ether posted gains of 0.5% to 3.5% following positive signals from traditional finance, including looser monetary policy expectations as the Federal Reserve is now widely expected to cut interest rates this month.