Does Greed Lead BNB to a Dangerous Trouble?! 🚨

The price is currently around $647 after surpassing the 50-day exponential moving average and proving its support, but the resistance at $650–660 represents a critical barrier. A strong breakout of this area could push the price toward $685–725 🔥, while a loss below the support of $640–620 ⚠️ opens the door for a drop toward $600.

Nano Labs' announcement of a $500 million reserve to buy BNB boosted confidence, despite CZ denying any direct involvement. However, the decline in daily transaction activity and smart contracts raises concerns about future momentum.

The decision now lies with investors between following the potential rise or avoiding risks and hedging.

#bnb #BNB_Market_Update #bnblauncpool #BNBLUNCPOOL #BNBToken $BNB