What can be seen on the chart:
• Support is around ~592–600 USDC
• Resistance is around ~694–700 USDC
• In the short term, the price is in a consolidation zone with a possible breakout up or down depending on volumes and news.
Possible scenarios:
1. Bullish (growth):
• The price breaks through the resistance level of ~694 USDC.
• Confirmation: increase in volumes and bullish candles.
• Target — return to ~733 USDC, and with a strong impulse — higher.
2. Bearish (drop):
• The price drops below ~640 USDC, especially with a breakout below ~620.
• Possible movement into the 600–590 USDC zone.
Conclusion:
The BNB/USDC market is currently in an accumulation phase. Given the steady annual growth and current volatility, much depends on the overall market sentiment and upcoming news.