$BNB /USDT Alert Detail – Failure to Retest at $650 Support

#BNB experienced a sharp decline from its peak of $693 and slipped directly through the $650 support area, resulting in heavy red candles on the hourly chart. This confirms strong rejection and indicates the likelihood of continued decline.

Current price: $649.90

24-hour high: $693.00

24-hour low: $647.31

Broken support: $650

What's happening: After a strong bullish rise, BNB entered a retest phase - but the bulls failed to hold the line. The clean break below $650 now turns this area into resistance. Bears are showing control, and if volume continues, the price may revisit lower levels near $630–620.

Key levels to watch:

Immediate resistance: $650–655

Next supports: $638 and $620

Trend expectation: Bearish in the short term unless a strong recovery can reclaim $660+

Be cautious - this decline may attract panic selling or late short positions. Watch for price reaction at $638 afterwards.

Trading here on $BNB