$BNB The price of the BNB/USD pair has been trading at 605.51 USDT in recent days. Moving averages and buy/sell signals stand out among technical indicators. On the daily chart, it is important for the price to remain above a separate support level of 600 USDT. If this level is broken, a downward movement can be expected. However, if the current trend continues, 620 USDT can be targeted.

Monthly Technical Analysis

In the monthly analysis, BNB's general appearance gives strong sell signals. Although the price managed to stay above the 600 USDT level, it is observed that the long-term trend is downward. On a monthly basis, the price has the potential to decline to the 500 USDT level. However, if this level is maintained, 700 USDT can be targeted. Another point that investors should pay attention to is market sentiment and general cryptocurrency trends.