$BNB
/USDT Price Analysis
BNB/USDT is currently trading at 693.29, down 4.25%, reflecting bearish momentum after a sharp decline. The price has failed to hold above the critical support at 739.71 and is now approaching the next major support at 677.00. A break below this level could lead to a retest of the 24-hour low at 642.00.
Key Levels to Watch:
Resistance: 739.71 – Reclaiming this level is crucial for a bullish recovery.
Support: 677.00 – A strong base; losing this could push the price toward 642.00 or lower.
Short-term: Focus on 677.00 as a pivot point.
Long-term: Watch for a recovery above 739.71 to signal renewed upward momentum.
Stay alert as volatility increases. Manage trades with proper stop-loss placements.