Binance Square

Hitting

39 views
2 Discussing
Hamza Siraj Official
--
$BNB Fallsโš“๐Ÿ”ป After #Hitting $707 โ€” Is Support Holding at $680? ๐Ÿ’ธ Current Price: 680.39 ๐Ÿ“‰ 24h Change: -3.38% ๐Ÿ“Š 24h High: 704.50 | ๐Ÿ“‰ 24h Low: 675.30 ๐Ÿ”„ 24h Volume: 178.6K (BNB), 122.59M (USDT) --- ๐Ÿ“Š Technical Analysis (Chart Insight) ๐Ÿ“Œ Local Top Formed: BNB touched a peak of $707.54, then sharply dropped โ€” forming 3 consecutive red candles. ๐Ÿ“Œ AVL Zone Testing: Price now sitting at AVL support around $680.98 โ€” this is the short-term key level to hold. ๐Ÿ“Œ Trend Check: Even with the dip, BNB is still up +16.58% in 90 days, showing mid-term bullish structure intact. ๐Ÿ“Œ Order Book Battle: Buyers and sellers are nearly balanced (49% vs 51%) โ€” could swing either way soon. --- ๐Ÿ“ฐ Whatโ€™s Going On With BNB? โœ… Profit Booking: After strong rally from $639 to $707, some traders are taking profit โ€” normal movement after a breakout. โœ… No Negative News Yet: No direct FUD or project concern reported โ€” selling appears technical, not fundamental. โœ… BNB Chain TVL: Despite short-term dip, total value locked in BNB Chain has been slowly rising over the past week. โœ… Binance Platform Volume: Slight decline seen in trading volume, but still holding strong relative to altcoins. --- ๐Ÿ”ฎ What Could Happen Next? (Not Financial Advice) ๐Ÿ“Œ If $680 holds, BNB could bounce back and attempt to reclaim $695โ€“$700 zone. ๐Ÿ“Œ But if it breaks below $675, correction may extend toward $650โ€“$640 area before stabilizing. ๐Ÿ“Œ Momentum traders should wait for breakout above $695 with volume for confirmation. --- โš ๏ธ Final Thoughts: BNB remains one of the most technically sound large-cap coins โ€” 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 โœ… #BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
$BNB Fallsโš“๐Ÿ”ป After #Hitting $707 โ€” Is Support Holding at $680?

๐Ÿ’ธ Current Price: 680.39
๐Ÿ“‰ 24h Change: -3.38%
๐Ÿ“Š 24h High: 704.50 | ๐Ÿ“‰ 24h Low: 675.30
๐Ÿ”„ 24h Volume: 178.6K (BNB), 122.59M (USDT)

---

๐Ÿ“Š Technical Analysis (Chart Insight)

๐Ÿ“Œ Local Top Formed: BNB touched a peak of $707.54, then sharply dropped โ€” forming 3 consecutive red candles.

๐Ÿ“Œ AVL Zone Testing: Price now sitting at AVL support around $680.98 โ€” this is the short-term key level to hold.

๐Ÿ“Œ Trend Check: Even with the dip, BNB is still up +16.58% in 90 days, showing mid-term bullish structure intact.

๐Ÿ“Œ Order Book Battle: Buyers and sellers are nearly balanced (49% vs 51%) โ€” could swing either way soon.

---

๐Ÿ“ฐ Whatโ€™s Going On With BNB?

โœ… Profit Booking: After strong rally from $639 to $707, some traders are taking profit โ€” normal movement after a breakout.

โœ… No Negative News Yet: No direct FUD or project concern reported โ€” selling appears technical, not fundamental.

โœ… BNB Chain TVL: Despite short-term dip, total value locked in BNB Chain has been slowly rising over the past week.

โœ… Binance Platform Volume: Slight decline seen in trading volume, but still holding strong relative to altcoins.

---

๐Ÿ”ฎ What Could Happen Next? (Not Financial Advice)

๐Ÿ“Œ If $680 holds, BNB could bounce back and attempt to reclaim $695โ€“$700 zone.

๐Ÿ“Œ But if it breaks below $675, correction may extend toward $650โ€“$640 area before stabilizing.

๐Ÿ“Œ Momentum traders should wait for breakout above $695 with volume for confirmation.

---

โš ๏ธ Final Thoughts:

BNB remains one of the most technically sound large-cap coins โ€” 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 โœ…

#BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
Yes
63%
Yes yes
37%
30 votes โ€ข Voting closed
Login to explore more contents
Explore the latest crypto news
โšก๏ธ Be a part of the latests discussions in crypto
๐Ÿ’ฌ Interact with your favorite creators
๐Ÿ‘ Enjoy content that interests you
Email / Phone number