$BNB

A correction on Binance refers to a temporary decline in the price of a cryptocurrency after a sustained upward trend. This usually occurs as part of natural market cycles, allowing prices to stabilize before a potential resumption of growth. Corrections can be the result of profit-taking, changes in market sentiment, or external factors affecting the broader cryptocurrency market. Traders often use corrections as opportunities to buy at lower prices, but it is advisable to exercise caution, as they can sometimes signal deeper bearish trends.