$BNB /USDT:Technical Update on BNB/USDT:
The current price of BNB/USDT stands at $459, marking a 12.67% decline over the past 24 hours. Trading activity on Binance shows a volume of 915,918.39 BNB and 448.77 million USDT. This volatility is reflected in the 24-hour high of $530.7 and low of $454.8.
Trading Strategy:
- Long Positions:Consider entry near the support level of $454.8, anticipating a potential rebound.
- Short Positions:Look for opportunities if the price fails to surpass $530.7, indicating possible downward movement.
Monitoring price action and volume trends remains crucial for informed trading decisions.
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