🚨🚨 BNB ALERT 🚨🚨
**Falling After Hitting \$707 — Is Support Holding at \$680?** ⚓🔻
Current Price: \$680.39
24h Change: -3.38%
High: \$704.50 | Low: \$675.30
Volume: 178.6K BNB | 122.59M USDT
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**Technical Breakdown:**
BNB soared to \$707 but faced a sharp pullback, forming 3 consecutive red candles. The big question now: **Is \$680 support strong enough to hold?** 📊
* The price is sitting near AVL support at \$680.98, making it the critical short-term level.
* Despite this dip, BNB is still up +16.58% over the last 90 days, showing solid mid-term bullish momentum. 📈
* The battle in the order book is real — buyers vs. sellers nearly at a 50/50 split. Could go either way soon. 🔄
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**What’s Behind the Drop?**
* **Profit-Taking:** After a massive rally from \$639 to \$707, traders are cashing in. Standard post-breakout behavior. 💸
* **No FUD or Red Flags:** There’s no bad news, no major concerns. This seems to be purely technical price action. 📰
* **BNB Chain Growth:** Even with the dip, BNB Chain's total value locked is still climbing. 📈
* **Platform Volume Holding:** Binance’s trading volume is slightly down but still performing strong compared to altcoins. 🔥
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**What’s Next? (Not Financial Advice)**
* If \$680 holds, BNB might bounce back and target the \$695–\$700 zone. 🚀
* If it breaks below \$675, we could see a deeper correction to \$650–\$640 before any stabilization. 📉
* **Momentum traders:** Waiting for a breakout above \$695 with strong volume is key to confirming the next move.
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**Final Thoughts:**
BNB is still one of the most technically sound large-cap coins. This dip looks like a temporary correction. If \$695 is reclaimed, we could see a resurgence in bullish momentum. But, keep an eye on BTC — if it weakens, BNB might follow suit before continuing its upward trend.
Stay sharp and keep an eye on volume, whale activity, and any BNB Chain upgrades! 🔮📊
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