Critical Inflection Point: $BNB Tests Key Levels
$BNB has made a notable recovery, bouncing back from a 24-hour low of $668.66 to currently trade at $700.90. Despite this rebound, it's still showing a minor drop of -1.28%. The price is approaching a key resistance zone around $720.80. A successful breakout above this threshold could trigger a strong bullish rally, paving the way for higher price targets. On the other hand, if $BNB struggles to maintain support above $685.17, it could revisit the $668.66 level. With increasing trading volume, momentum is building, making this a crucial moment for market participants. Keep an eye on breakout opportunities and consider using stop-loss orders for risk management.
