Binance Pursues MiCA License in Greece to Expand EU Market Reach
- Strategic Application: Binance is applying for a MiCA license in Greece to align with the EU regulatory framework before the July 1 deadline, which would enable it to offer services across 27 EU member states, significantly enhancing its market reach.
- Compliance Advantage: By establishing a local entity in Greece and collaborating with major international auditing firms, Binance aims to streamline the approval process, enhancing its stability and scalability in the European market while overcoming previous regulatory setbacks in Germany and Austria.
- Market Integration: The implementation of the MiCA regulation will provide a unified framework for crypto asset activities, with Binance's application highlighting Greece as a strategic entry point to leverage passporting advantages for services throughout the EU.
- User Base: Binance serves over 20 million users across at least six European countries, and obtaining the MiCA license in Greece would further solidify its leading position in the competitive European crypto market.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0608 | 0.0686 | 0.0777 | 0.0854 | 0.0945 | 0.102 | 0.111 |
| Fibonacci | 0.0686 | 0.075 | 0.079 | 0.0854 | 0.0919 | 0.0958 | 0.102 |
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