$BNB SHORT-TERM CORRECTION – Watching $652 & $680 Levels
BNB has retraced from a recent high of $691.35 down to $667.26, showing a -1.99% daily loss. The 1H chart reveals a sharp sell-off after consolidation, forming a lower high and breaking below the key $680 support zone. Volume surged during the drop, confirming strong bearish momentum.
Current Price: $667.26
Support Zone: $652.00 – $660.00
Immediate Resistance: $674.00 – $680.00
Next Bearish Targets:
• TP1: $660.00
• TP2: $652.00
RSI(6) is at 29.46, indicating oversold conditions. However, MACD remains bearish with a widening gap between the DIF and DEA lines (DIF: -3.60, MACD: -1.71), suggesting downside pressure may persist unless bulls reclaim the $680 zone.
If buyers step in at the $660 level, a short-term bounce to $680 could follow. Otherwise, expect a retest of the $652 support.
Buy and trade $BNB here.