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Binance Coin’s (BNB) price has been largely rangebound in the past week and this is likely to continue in the coming days. There is a strong support that has helped the coin bounce back in the past and it is likely to play a key role this week. If the coin were to drop down all the way to around $300, intense bearish pressure would be required and such a steep correction doesn’t seem likely for BNB in the coming week.
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