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BNB Faces $310 Support as Wave C Decline Looms

BNB price outlook suggests a possible Wave C decline, influenced by Binance's $3.64 billion net withdrawals and weekly support levels near $398 and $310. The chart places BNB inside a proposed macro ABC correction, with $398.30 as the upper edge of the first demand zone and $310.42 as the proposed Wave C target. Binance's withdrawal figures indicate a significant outflow of $4.65 billion, raising concerns among holders.

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