$BNB
Technical analysis
Support: $698, then $688.
Resistance: $707, then $721.
RSI: 39.1 — weak momentum.
Bullish signal: A strong daily close above $721.
Bearish signal: A break below $698 could bring $688 into view.
Market outlook
BNB is facing selling pressure following Binance's recent security incident. Binance says it is preparing to resume withdrawals in phases. Market confidence and the $700 support level are important to watch.
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