BNB at $615 support: The calm before the storm?
Currently, BNB is stable at the $615 support level, despite a 7% pullback. This key price level is the focus of the market, and multiple rebounds show that it has played an important role in past transactions.
Are whales holding coins to help the rise?
Whales hold more than 5 million BNB addresses, accounting for 52.1% of the total supply. This accumulation of large players usually indicates price increases. At the same time, discussions about BNB on social media are also increasing, which may reflect the market's rising interest in the coin.
Key support levels and potential fluctuations
Currently, BNB fluctuates around the $615 support level. If it breaks through this point, it may retest the $632.47 resistance level and even rise to $724.7. However, if it falls below $615, the price may further decline to $551.5.
Key to future trends
Despite the support of whale accumulation and positive sentiment, the future trend of BNB is still full of uncertainty. A breakout or breakdown of the $615 support level will determine its next direction.
