BullishBanter
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$BNB /USDT Analysis: Key Levels Under Pressure
$BNB is currently trading at $687.50 after a volatile session that saw a high of $709.38 and a low of $674.30. The market is reflecting increased selling pressure as BNB tests critical support near $685. A failure to hold this level could see BNB drop further toward $675, which acted as a safety net in earlier sessions.
For traders, a recovery above $692 could signal a short-term reversal, targeting $700 and potentially $705. However, bearish continuation below $685 might open the door for retests of $670 and $665. Tight risk management is advised as volatility persists.
#bnb
$BNB is currently trading at $687.50 after a volatile session that saw a high of $709.38 and a low of $674.30. The market is reflecting increased selling pressure as BNB tests critical support near $685. A failure to hold this level could see BNB drop further toward $675, which acted as a safety net in earlier sessions.
For traders, a recovery above $692 could signal a short-term reversal, targeting $700 and potentially $705. However, bearish continuation below $685 might open the door for retests of $670 and $665. Tight risk management is advised as volatility persists.
#bnb
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