$BNB /USDT price analysis

BNB (Binance Coin) is trading at approximately $692.59, reflecting a 4.64% increase over the past 24 hours.

Technical analysis indicates a bullish trend for BNB/USDT. The price is consolidating near $719.47, testing a key horizontal resistance zone around $730.65. A breakout above this resistance could signal further upside potential.

Key levels to watch include:

Support: $680 – Maintaining above this level may confirm sustained momentum.

Resistance: $700 – Surpassing this level could unlock further upside.

Traders are advised to monitor these levels closely, as a breakout above $700 could pave the way for BNB to test higher resistance zones.