$BNB / Market Alert – Sharp decline below $610 indicates significant pressure
Current price: $607.06
24-hour range: High $638.96 | Low $609.25
Volume: 217,897 BNB | $136.59 million USDT
Overview: BNB has dropped over 4.2% in the past twenty-four hours, breaking its support at $630.
The current price movement reflects severe selling pressure, pushing the coin to its daily low of $609.
Support levels: $609 – $600 – $586
Resistance levels: $619 – $625 – $635
Outlook: As long as BNB remains below $619, the trend remains bearish.
A drop below $600 could lead to deeper losses towards $586. The chances of recovery depend on swift actions from buyers and reclaiming $625.
Biggest losers in the market – carnage across altcoins
Massive corrections shake the cryptocurrency market.
Market sentiment: Extremely bearish across many coins. Risks remain high.
Short-term recovery is uncertain — trade cautiously.
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