BNB Price Analysis: Breakdown or Bear Trap?
Photo: ETHNews
BNB is testing support between $726 and $732 after a weekly drop of almost 4.5%. A descending triangle on the 4-hour chart is approaching its apex around October 17. The daily chart shows a completed double top, with the 50-day EMA at $734 under pressure. Tokens launched on BNB Chain hold 51% of all new token value created in 2026, according to CryptoRank. BNB is trading near $733 on Wednesday, October 14, down 1.5% on the day and close to 4.5% over the past week, as the token presses against a support zone between $726 and $732 that has held…
Source: ETHNews
