CZ Refutes Claims of YZi Labs Securing External Funding
CZ Denies Fundraising Claims: Binance co-founder Changpeng Zhao has rejected reports that YZi Labs, the venture firm he co-founded, is planning to raise external capital, asserting that the firm operates independently and has not engaged in discussions with potential investors.
Clarification on Legal Matters: Zhao also addressed misconceptions regarding his legal case, clarifying that he pled guilty to a BSA violation, not money laundering, and criticized media for misrepresenting the facts surrounding his situation.
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Technical Analysis for BNB
Technical Sentiment Analysis for BNB (BNB) As of , BNB (BNB) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BNB 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, BNB 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 $-.
BNB (BNB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 265.341 | 417.7 | 556.131 | 708.49 | 846.921 | 999.28 | 1137.711 |
| Fibonacci | 417.7 | 528.782 | 597.409 | 708.49 | 819.572 | 888.199 | 999.28 |
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