$BNB /USDT Technical Analysis hold coin more holding ๐ŸŽฏ

BNB is currently trading at $644.90, facing bearish pressure after dropping 7.70% in the last 24 hours. Here's a detailed analysis with three potential targets to watch:

Key Levels:

Resistance: $665

Support: $640

3 Targets to Watch:

1. Target 1: $660 (Short-Term Recovery)

If BNB holds the $640 support, we might see a bounce to $660, supported by increased buying pressure.

2. Target 2: $705 (Medium-Term Resistance)

Breaking above $665 could open the doors for $705, aligning with the recent 24h high.

3. Target 3: $600 (Critical Support)

In case of continued selling pressure, BNB might test the psychological support at $600. A break below this level could lead to further downside.

Technical Indicators:

RSI: Oversold, signaling potential reversal.

Volume: High selling pressure dominating; watch for volume divergence.

Strategy:

For Bulls: Look for a bounce above $640 with tight stop-losses.

For Bears: Focus on short positions if $640 breaks.

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