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BNB consolidates as it approaches a triangle pattern and eyes new highs

BNB’s Current Market Position: Currently priced at 712 USD, BNB shows a slight increase of 0.28% over the last four hours. It is forming a symmetrical triangle pattern, indicating market indecision while requiring careful watch of the support level at 672.6 USD.

Potential Price Movements: With Bitcoin reaching an all-time HIGH of 106,533 USD, the crypto market is bullish. If BNB breaks out above 850 USD, it could see a gain of 20%, making it essential to monitor market dynamics closely.

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