$BNB /USDT - Approaching Support Amid a Sharp Correction! 🚨

📊 Current Price: $698.49 (-4.42%)

24H High: $745.29

24H Low: $695.01

Volume: 465,856.78 $BNB / 336.12M USDT

🔥 Layer 1/Layer 2 Token Under Pressure

Key Levels to Watch:

Resistance: $710.00, $730.00

Support Zones: $695.00, $680.00

Market Behavior Insights:

$BNB has experienced a steep decline after testing the $745 level, now nearing critical support at $695. A break below this level could lead to further downside, but buyers might step in to defend the zone.

Trading Strategy:

Entry Range: $695.00 - $700.00

Targets: $710.00, $730.00

Stop-Loss: $680.00

Analysis:

BNB is in a corrective phase with increased selling pressure. The $695 support level is crucial for a potential recovery. Watch for increased volume near this zone to confirm a reversal or further downside risk.

Hashtags:

#CryptoSignals #BNBUSDT #Binance #Layer1Layer2 #CryptoTrading