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Current Technical analysis
The price of $BNB /USDT is $471.1, down 11.60% in the last 24 hours with a trading volume of 908,838.26 BNB and 448.06 million USDT on Binance.
The 24-hour high and low are $533.4 and $454.8 respectively. The price is near the lower end of today's range, suggesting potential oversold conditions.
For potential long trades, consider entry around $454.8, anticipating a bounce from support.
For short-term positions, watch for a failure to break convincingly above $533.4, indicating possible downward movement.
Monitoring price action and volume trends will be crucial for making profitable trading decisions.
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