Market Update: BNB/USDT Trading at $588.70

BNB has seen a -1.70% drop in the last 24 hours, currently trading at $588.70, with a 24h high of $600.49 and low of $588.14.

Volume remains strong with 135,849 BNB traded and $80.98M USDT in 24h volume.

Technical snapshot:

Short-term momentum is cooling

Price is hovering just below the 60-period moving average

Recent candles show indecision, with volume tapering off

Traders are watching closely to see if BNB can hold this support or if further downside is ahead.

Are you buying the dip or waiting for confirmation?

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