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$BNB Falls⚓🔻 After #Hitting $707 — Is Support Holding at $680?
💸 Current Price: 680.39
📉 24h Change: -3.38%
📊 24h High: 704.50 | 📉 24h Low: 675.30
🔄 24h Volume: 178.6K (BNB), 122.59M (USDT)
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📊 Technical Analysis (Chart Insight)
📌 Local Top Formed: BNB touched a peak of $707.54, then sharply dropped — forming 3 consecutive red candles.
📌 AVL Zone Testing: Price now sitting at AVL support around $680.98 — this is the short-term key level to hold.
📌 Trend Check: Even with the dip, BNB is still up +16.58% in 90 days, showing mid-term bullish structure intact.
📌 Order Book Battle: Buyers and sellers are nearly balanced (49% vs 51%) — could swing either way soon.
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📰 What’s Going On With BNB?
✅ Profit Booking: After strong rally from $639 to $707, some traders are taking profit — normal movement after a breakout.
✅ No Negative News Yet: No direct FUD or project concern reported — selling appears technical, not fundamental.
✅ BNB Chain TVL: Despite short-term dip, total value locked in BNB Chain has been slowly rising over the past week.
✅ Binance Platform Volume: Slight decline seen in trading volume, but still holding strong relative to altcoins.
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🔮 What Could Happen Next? (Not Financial Advice)
📌 If $680 holds, BNB could bounce back and attempt to reclaim $695–$700 zone.
📌 But if it breaks below $675, correction may extend toward $650–$640 area before stabilizing.
📌 Momentum traders should wait for breakout above $695 with volume for confirmation.
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⚠️ Final Thoughts:
BNB remains one of the most technically sound large-cap coins — current dip appears temporary.
Reclaiming $695 could reignite bullish momentum. But if BTC weakens, BNB might retrace further before resuming uptrend.
Keep eyes on Binance volume, whale wallet inflows, and any chain upgrade announcements.
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FOLLOW ✅
#BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
💸 Current Price: 680.39
📉 24h Change: -3.38%
📊 24h High: 704.50 | 📉 24h Low: 675.30
🔄 24h Volume: 178.6K (BNB), 122.59M (USDT)
---
📊 Technical Analysis (Chart Insight)
📌 Local Top Formed: BNB touched a peak of $707.54, then sharply dropped — forming 3 consecutive red candles.
📌 AVL Zone Testing: Price now sitting at AVL support around $680.98 — this is the short-term key level to hold.
📌 Trend Check: Even with the dip, BNB is still up +16.58% in 90 days, showing mid-term bullish structure intact.
📌 Order Book Battle: Buyers and sellers are nearly balanced (49% vs 51%) — could swing either way soon.
---
📰 What’s Going On With BNB?
✅ Profit Booking: After strong rally from $639 to $707, some traders are taking profit — normal movement after a breakout.
✅ No Negative News Yet: No direct FUD or project concern reported — selling appears technical, not fundamental.
✅ BNB Chain TVL: Despite short-term dip, total value locked in BNB Chain has been slowly rising over the past week.
✅ Binance Platform Volume: Slight decline seen in trading volume, but still holding strong relative to altcoins.
---
🔮 What Could Happen Next? (Not Financial Advice)
📌 If $680 holds, BNB could bounce back and attempt to reclaim $695–$700 zone.
📌 But if it breaks below $675, correction may extend toward $650–$640 area before stabilizing.
📌 Momentum traders should wait for breakout above $695 with volume for confirmation.
---
⚠️ Final Thoughts:
BNB remains one of the most technically sound large-cap coins — current dip appears temporary.
Reclaiming $695 could reignite bullish momentum. But if BTC weakens, BNB might retrace further before resuming uptrend.
Keep eyes on Binance volume, whale wallet inflows, and any chain upgrade announcements.
---
FOLLOW ✅
#BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
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