# BNB

think BNB is showing signs of consolidation near the middle Bollinger Band (MB: 701.82), indicating some indecision in the market. I believe the price is testing resistance around the 700 level, which aligns with the 24h high of 701.00.

The slight upward movement (+1.28%) suggests there’s buying interest, but the 7-day performance (-4.11%) hints at potential weakness over the short term.

If the price manages to stay above the middle band and break resistance, I think there could be room for further growth. However, if it fails, it might test the lower support near 682.68 or even further down to 649.60.

I believe this is a situation where you should consider your risk tolerance. If you think the price will break above 701, buying could be a good choice. Otherwise, selling near resistance might lock in profits before a potential retracement.