$BNB
🚨BNB Price Correction Could Continue🚨
BNB price has declined 22.5% over the past seven days and is trading near $698 at the time of writing. Technical indicators point to continued weakness. The Fibonacci Extension tool identifies $682 as the next major support level, making it a critical zone for near-term price stability.
If broader market conditions remain bearish, downside risks increase. Continued liquidations or heightened volatility could push BNB below $682. A breakdown there would likely send the price toward $650 or lower. Such a move would deepen losses and reinforce bearish sentiment among short-term investors.
A recovery scenario depends on capital inflows offsetting bearish pressure. If demand strengthens, BNB could reclaim $735 and advance toward $768. Flipping the latter into support would invalidate the bearish thesis. Under that outcome, BNB price may recover toward $821, signaling renewed confidence.
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