$BNB /USDT Daily Breakdown - Is Support Holding?
$BNB is currently trading at $635, showing a 1.27% drop today. The price action has formed a bearish red candle after a series of higher highs, indicating potential exhaustion in bullish momentum. Today’s candle pierced the previous support zone around $635–640, matching the 24h low of $634.39.
Signal:
If BNB closes below $634 on the daily timeframe, it may confirm a short-term bearish reversal. A break below this level could lead to a retest of the $610–600 range. Bulls need to reclaim $645+ to resume upward momentum.
Volume is also decreasing, signaling weakening buying pressure.
Watch Closely:
Support zone: $634
Resistance zone: $645
Next major support: $600
Stay alert — this could be the make-or-break level for BNB.
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