mirror

Coin

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/35917.jpg" alt="Cover Image" width="800"
 height="500">
 <figcaption>Cover image via <a href="https://u.today/">U.Today</a></figcaption>
 </figure>Neither bulls nor bears are dominating today, according to the <a href="https://u.today/shib-price-analysis-for-june-6">CoinMarketCap ranking</a>.<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="147e5076-bb5c-4418-8f07-5f0d20894a74" src="https://u.today/sites/default/files/inline-images/top10_477.png" />Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a><h2 id="bnb-usd">BNB/USD</h2>The rate of Binance Coin (BNB) has fallen by 6.76% over the last day.<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="32b18331-bd49-4994-8b54-5dd7b23f5c46" src="https://u.today/sites/default/files/inline-images/bnb1_30.png" />Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>On the local chart, the rate of Binance Coin (BNB) has set the support level at $253.9. The volume remains high, which means that sellers might have started fixing their positions. If the price remains above the $250 zone, there is a chance to see a bounce back to the resistance at $268.5 tomorrow.<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="fc297974-299d-45e1-825b-e13f35cda23e" src="https://u.today/sites/default/files/inline-images/bnb2_30.png" />Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>On the bigger time frame, the rate of BNB has tested the mirror level at $253.3. At the moment, traders should pay attention to the bar closure. If it happens with non-long wicks, the drop may continue to the $240-$250 area shortly.<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="ac245926-f7c7-4fd5-9891-641980a8fa0b" src="https://u.today/sites/default/files/inline-images/bnb3_28.png" />Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>From the midterm point of view, bears have seized the initiative after a breakout of the $300 area.<a href="https://u.today/doge-price-analysis-for-june-6">card</a>Currently, an interim level of $240 plays a key role for buyers. If they lose it, nothing can stop the decline to the support level at $204.8.BNB is trading at $258.2 at press time.

Binance Coin (BNB) Price Analysis for June 7

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