$BNB

🪙 BNB (Binance Coin) – Key Information

Item

Details

Name

Binance Coin

Ticker

BNB

Type

Utility Token

Network

Binance Smart Chain (BEP-20) and Ethereum (ERC-20)

Max Supply

200 million (reduced through regular burns)

Use Cases

Trading fee discount, Launchpad, staking, NFT, gaming, etc.

📊 Market Overview (As of June 24, 2025)

Price: Around $590–$610 (range-bound)

Trend: Sideways to slightly bullish

RSI: 53–57 (neutral to slightly bullish)

Volume: Medium

Support Levels: $575 / $550

Resistance Levels: $620 / $645

✅ BNB Trading Strategy (Short-Term)

Buy Zones:

💰 $580–$590 (for swing/scalping)

💰 $550 (if there's a dip)

Take-Profit Targets:

🎯 TP1: $615

🎯 TP2: $635

🎯 TP3: $660

Stop-Loss:

🛑 SL: $545 (for risk management)

🔥 Top Use Cases of BNB

Discounts on Binance trading fees

Earn passive income via Binance Earn

Used in DEXs like PancakeSwap, Venus

Buy/sell NFTs

Participate in Binance Launchpad/Launchpool projects

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