In the last four hours, the BNB/USDT trading pair has exhibited considerable volatility, drawing significant attention from traders. The period started with a strong bullish trend, driven by positive market sentiment and an overall uptrend in the cryptocurrency market. This upward momentum pushed the price of BNB higher, breaking through key resistance levels.However, after reaching a peak, BNB/USDT encountered selling pressure as traders took profits, leading to a pullback. This retracement was met with strong support, preventing further decline and stabilizing the price within a new consolidation range.
