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$BNB Fallsโ๐ป After #Hitting $707 โ Is Support Holding at $680?
๐ธ Current Price: 680.39
๐ 24h Change: -3.38%
๐ 24h High: 704.50 | ๐ 24h Low: 675.30
๐ 24h Volume: 178.6K (BNB), 122.59M (USDT)
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๐ Technical Analysis (Chart Insight)
๐ Local Top Formed: BNB touched a peak of $707.54, then sharply dropped โ forming 3 consecutive red candles.
๐ AVL Zone Testing: Price now sitting at AVL support around $680.98 โ this is the short-term key level to hold.
๐ Trend Check: Even with the dip, BNB is still up +16.58% in 90 days, showing mid-term bullish structure intact.
๐ Order Book Battle: Buyers and sellers are nearly balanced (49% vs 51%) โ could swing either way soon.
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๐ฐ Whatโs Going On With BNB?
โ Profit Booking: After strong rally from $639 to $707, some traders are taking profit โ normal movement after a breakout.
โ No Negative News Yet: No direct FUD or project concern reported โ selling appears technical, not fundamental.
โ BNB Chain TVL: Despite short-term dip, total value locked in BNB Chain has been slowly rising over the past week.
โ Binance Platform Volume: Slight decline seen in trading volume, but still holding strong relative to altcoins.
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๐ฎ What Could Happen Next? (Not Financial Advice)
๐ If $680 holds, BNB could bounce back and attempt to reclaim $695โ$700 zone.
๐ But if it breaks below $675, correction may extend toward $650โ$640 area before stabilizing.
๐ Momentum traders should wait for breakout above $695 with volume for confirmation.
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โ ๏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.
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FOLLOW โ
#BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
๐ธ Current Price: 680.39
๐ 24h Change: -3.38%
๐ 24h High: 704.50 | ๐ 24h Low: 675.30
๐ 24h Volume: 178.6K (BNB), 122.59M (USDT)
---
๐ Technical Analysis (Chart Insight)
๐ Local Top Formed: BNB touched a peak of $707.54, then sharply dropped โ forming 3 consecutive red candles.
๐ AVL Zone Testing: Price now sitting at AVL support around $680.98 โ this is the short-term key level to hold.
๐ Trend Check: Even with the dip, BNB is still up +16.58% in 90 days, showing mid-term bullish structure intact.
๐ Order Book Battle: Buyers and sellers are nearly balanced (49% vs 51%) โ could swing either way soon.
---
๐ฐ Whatโs Going On With BNB?
โ Profit Booking: After strong rally from $639 to $707, some traders are taking profit โ normal movement after a breakout.
โ No Negative News Yet: No direct FUD or project concern reported โ selling appears technical, not fundamental.
โ BNB Chain TVL: Despite short-term dip, total value locked in BNB Chain has been slowly rising over the past week.
โ Binance Platform Volume: Slight decline seen in trading volume, but still holding strong relative to altcoins.
---
๐ฎ What Could Happen Next? (Not Financial Advice)
๐ If $680 holds, BNB could bounce back and attempt to reclaim $695โ$700 zone.
๐ But if it breaks below $675, correction may extend toward $650โ$640 area before stabilizing.
๐ Momentum traders should wait for breakout above $695 with volume for confirmation.
---
โ ๏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 โ
#BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
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