BNB's Bearish Trend: Watch for Support at $600 and Resistance at $650

$BNB Market Analysis and Signal

$BNB is currently priced at $620.62, down -11.90%, indicating a strong bearish trend. The key support level is around $600, while resistance lies near $650. If price stays below $650, further downside towards $600 or lower may be expected.

Trading Recommendations:

For short-term traders: Watch for a possible bounce at $600. If price breaks below, further declines may follow. Keep an eye on $650 as the resistance level for potential reversal signals.

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Disclaimer: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure the safety of your funds.