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The BNB price has reacted strongly at the 0.618 Fibonacci retracement, and a bullish engulfing candle suggests a relief bounce may be developing.

Editor’s Analysis

BNB price rebounds from 0.618 Fibonacci support, signaling relief bounce continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.

This content is for informational purposes only and should not be taken as financial advice.

Credit: Aziz Zamani

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