$BNB As of June 7, 2025, Binance Coin (BNB) is trading at approximately $646.73, reflecting a 0.91% increase from the previous close. The intraday high reached $651.36, while the low dipped to $636.15.
š Short-Term Outlook
BNB has recently broken key support at $640, with analysts eyeing the critical $600 level. The market trend has turned bearish, with the price slipping below this support level .
š Long-Term Projections
Despite the current downturn, some analysts project a potential surge to $800 entering into the third quarter of 2025 . Additionally, Binance Coin's price is expected to rise by 70.73%, potentially reaching $1,072.11 by April 19, 2025 .
š Key Support and Resistance Levels
Support: $640
Resistance: $651
A break below $640 could lead to further declines, while a move above $651 might indicate a reversal to the upside.
*Please note that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.*
