$BNB /USDT Price Action Update – Consolidation Phase
Current Price: $699.48
Recent High: $731.24
Support Zone: $683.00
Resistance Zone: $715.96
Observation:
$BNB /USDT is currently trading within a consolidation range, holding above key support at $683. A breakout above $715 could signal bullish continuation, targeting the previous high of $731 and beyond. However, failure to hold current levels might lead to a retest of $680.
Next Targets:
Upside: $715 → $733
Downside: $687 → $680
Strategy:
Traders should monitor volume and momentum closely. A breakout above $715 with strong volume could present a long opportunity, while tighter stop-loss management is advised below $680.
