$BNB Price Drops After Reaching $620 – Bears in Control Now
#BNB just made a sharp move down after hitting a 24h high of $619.99. The price is now around $603.31, showing a clear shift in momentum as sellers take over. This drop of over $16 from the top happened quickly, and it brings BNB close to a major support level.
Key Zone to Watch: $600 Support
The $600 level is a strong support zone. If this level breaks with volume, it may open doors for a deeper pullback toward the $585–$580 range. But if buyers defend this zone, BNB might bounce back for a short recovery move.
Market View
Trend: Bearish pressure increasing
24h High: $619.99
24h Low: $602.65
Current Price: $603.31
Support: $600
Resistance: $615 – $620
Next Steps for Traders
If price breaks below $600, watch for selling pressure to continue. Short traders can look for targets near $590 and $580. If price bounces back above $610, bulls might try to regain strength, but it won’t be easy unless volume picks up.
Conclusion
BNB is under pressure, and sellers are in charge right now. $600 is the key level to watch. A breakdown may give more shorting opportunities, while a bounce could bring some relief. Trade safe and manage your risk.
Trade here on $BNB