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Because Binance has formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through the support, it may move much lower.

Possible breach of the support level for Binance
Binance was identified around 909.62 after recently rebounding off the resistance on the 1 hour interval. Ultimately, the stock’s price action has formed a Falling Wedge pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 877.3214.

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