BNB Channel and Areas of Support

BNB 3 day chart-
Current PA is still trading within the channel, though not ideally positioned as we approach its lower boundary. I anticipate the wick from February 3 will be filled, which aligns with our initial support zone. Should that support fail, I expect the wick from August 4 to also be filled, indicating the next support level.

These areas can provide short-term bounces or reversals.

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