HOLD your $BNB
BNB token's current price is around $539.82, with a 1.9% increase in the last 24 hours ¹. Its market capitalization is approximately $78.36 billion, with a circulating supply of 142.48 million BNB ².
The token's performance has been bearish lately, with a 12.57% decline in the past week and a 5.44% drop in the last month ². However, some analysts predict a potential upside reversal, supported by increasing buy interest ².
In terms of technical analysis, BNB is currently in a consolidation phase, testing key support levels ². The resistance levels are at $620-$638, while the support levels are at $600-$590 ².
Overall, while BNB's short-term trend appears bearish, its long-term prospects remain bullish, driven by its strong ecosystem and increasing adoption ¹ ³ ².