BNB/USDT is currently holding steady at $506, with a slight uptick of 0.30%, signaling potential bullish momentum. In the past 24 hours, BNB has seen highs of $510.3 and lows of $496.7, with a trading volume of over 161K BNB, equivalent to $81.23M USDT.

The moving averages tell an interesting story:

- The 7-day MA is sitting at $506.5, right in line with the current price, suggesting a potential consolidation zone.

- The 25-day and 99-day MAs at $504.5 and $503.6, respectively, hint at some underlying strength as the price holds above these levels.

Despite a slight dip over the past 7 days (-5.08%), BNB remains up by 3.43% in the last 30 days and an impressive 135.68% over the year! It’s been a wild ride, with BNB showing resilience despite market corrections.

With support hovering near $500 and resistance around $510, the next move could be pivotal. Will BNB break through and surge higher, or will we see a pullback? Keep a close eye on those key levels, as the market is primed for action!

Stay tuned to the charts and indicators like MACD and RSI for further confirmation on where BNB could be headed next!#USDataImpact #TON #PowellAtJacksonHole #PowellAtJacksonHole #BinanceBlockchainWeek