BNB Rally: Profit Taking Threatens Short-Term Gains

BNB, the native token of the Binance ecosystem, has defied broader market weakness and hit a new all-time high. However, recent technical analysis suggests this rally may be losing steam as short-term investors prepare to lock in their profits. The cryptocurrency is trading at $1,181, hovering above a critical support level around $1,136 that analysts say could dictate whether the token faces a correction or extends its advance.