$BNB /USDT – Heavy Selloff Followed by Bounce Attempt
BNB dipped sharply to $520, marking the day’s low, but managed to bounce back above $550. The sharp drop from the $617 zone highlights aggressive selling pressure, though the recent green candles hint at possible relief.
Current Price: $552.81
24h High: $567.60
24h Low: $520.00
24h Volume (BNB): 818.6K
24h Volume (USDT): $447.56M
Key Technical Levels:
Support: $520
Resistance: $567
Immediate Pivot: $557
Quick Analysis:
BNB’s rejection from higher levels and steep fall suggests weakness, but the bounce from $520 could offer intraday upside if bulls reclaim $560+.