$BNB Falls⚓🔻 After #Hitting $707 — Is Support Holding at $680?

💸 Current Price: 680.39

📉 24h Change: -3.38%

📊 24h High: 704.50 | 📉 24h Low: 675.30

🔄 24h Volume: 178.6K (BNB), 122.59M (USDT)

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📊 Technical Analysis (Chart Insight)

📌 Local Top Formed: BNB touched a peak of $707.54, then sharply dropped — forming 3 consecutive red candles.

📌 AVL Zone Testing: Price now sitting at AVL support around $680.98 — this is the short-term key level to hold.

📌 Trend Check: Even with the dip, BNB is still up +16.58% in 90 days, showing mid-term bullish structure intact.

📌 Order Book Battle: Buyers and sellers are nearly balanced (49% vs 51%) — could swing either way soon.

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📰 What’s Going On With BNB?

✅ Profit Booking: After strong rally from $639 to $707, some traders are taking profit — normal movement after a breakout.

✅ No Negative News Yet: No direct FUD or project concern reported — selling appears technical, not fundamental.

✅ BNB Chain TVL: Despite short-term dip, total value locked in BNB Chain has been slowly rising over the past week.

✅ Binance Platform Volume: Slight decline seen in trading volume, but still holding strong relative to altcoins.

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🔮 What Could Happen Next? (Not Financial Advice)

📌 If $680 holds, BNB could bounce back and attempt to reclaim $695–$700 zone.

📌 But if it breaks below $675, correction may extend toward $650–$640 area before stabilizing.

📌 Momentum traders should wait for breakout above $695 with volume for confirmation.

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⚠️ Final Thoughts:

BNB remains one of the most technically sound large-cap coins — current dip appears temporary.

Reclaiming $695 could reignite bullish momentum. But if BTC weakens, BNB might retrace further before resuming uptrend.

Keep eyes on Binance volume, whale wallet inflows, and any chain upgrade announcements.

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