$BNB is currently trading around $697.75, after facing selling pressure near the $699–$700 zone.
On the 15M chart, price has slipped below the MA60 at 698.85, which shows that short-term momentum is weakening. The recent drop from around $698.9 to $697.2 also indicates that sellers are becoming active near the psychological $700 level.
📉 Key Resistance:
$698.85 – $700.00
If BNB fails to reclaim and hold above this zone, another pullback toward $697.20 could come into play. A break below that level may increase downside pressure toward the $695–$693 area.
📈 Bullish Scenario:
If buyers push BNB back above $699 and successfully break $700, the current rejection could turn into a breakout setup. Holding above $700 would be an important confirmation that buyers are back in control.
⚠️ What I'm Watching:
The order book is currently showing noticeably higher sell-side pressure, while the chart is struggling below the MA60. That makes $699–$700 the key battle zone.
For now, I would avoid chasing the move and wait for a clear breakout or rejection confirmation.
$BNB is at a decision point — $700 could decide the next move. 👀🔥
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