Currently priced at $485.5, $BNB is down 7.05%, with a 24-hour high of $523.7 and a low of $471.0. The trading volume is 353,303.53 BNB and 171.67 million USDT, reflecting moderate liquidity.

Investors might consider a long position if the price breaks above the resistance at $523.7, targeting higher levels around $550 Conversely, a short trade could be considered if the price falls below the support level of $471, aiming for a downside target near $450