BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally

BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally

After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance’s BNB (BNB) coin has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6% sell-off from the $337.80 peak could indicate that further trouble is ahead?

Let’s take a look at what the data shows.

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