$BNB is trading at $692.22, hovering near a critical zone. The price recently faced rejection at $716-$720, leading to a sharp drop toward $688 before recovering slightly.
Key resistance lies at $704, with potential targets at $712 and $720 on a breakout. Support is seen at $688, with a breakdown likely pushing the price toward $680 or lower.
Monitor volume closely to confirm the next move, managing risk with tight stop-losses. The market remains highly volatile, requiring cautious positioning.