$BNB is going down from Last 3 hours. It's will down to strong support at 493.

$BNB /USDT is currently trading at $492.9, with a 6.75% decrease. The 24-hour high is $530.7, and the low is $491.7, indicating significant downward pressure.

For investors looking to enter long positions, an entry point around $492, near the 24-hour low, could be strategic, targeting a rebound towards $510.

For short-term traders, a breakout above $510.8 could signal further upside, aiming for gains towards $520.

Conversely, if the price breaks below $491.7, it may indicate a short opportunity, targeting a drop towards $480.

Monitoring volume trends and market depth will be crucial to confirming these entry points and ensuring profitable trades.

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