$BNB / market is up Analysis #

The $BNB /USDT chart shows a strong recovery after a recent dip to a low of 471.3. Currently, the price is hovering around 497.2, with a 24-hour high of 499.3, indicating bullish momentum.

The 24-hour volume for $BNB stands at 289,767.93, highlighting strong market participation.

Over the past day, the price has risen by 3.91%, while the 7-day and 30-day trends show a -7.24% and 5.90% change, respectively. This signals short-term bearish pressure but potential for longer-term gains. The order book shows a slight edge for buyers, with 53.33% of bids against 46.67% asks, indicating potential upward movement. Traders should watch for resistance at 499.3 and support near 471.3 for potential entry or exit points.

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