$BNB IS HOLDING A KEY LONG-TERM ZONE
BNB is trading around $710 on the monthly chart. After the huge move toward $1,400, price has pulled back and is now consolidating around the $600–$800 region.
A monthly reclaim above $800 could put $1,000 and then the previous high zone back in focus. On the downside, $600 is an important area to watch for support.
Key Levels
Resistance: $800 → $1,000 → $1,200
Support: $600 → $500
Current: ~$710
BNB is at an interesting point on the higher timeframe. Will buyers take control again, or will the consolidation continue?
#FedRateWatch
BNB is trading around $710 on the monthly chart. After the huge move toward $1,400, price has pulled back and is now consolidating around the $600–$800 region.
A monthly reclaim above $800 could put $1,000 and then the previous high zone back in focus. On the downside, $600 is an important area to watch for support.
Key Levels
Resistance: $800 → $1,000 → $1,200
Support: $600 → $500
Current: ~$710
BNB is at an interesting point on the higher timeframe. Will buyers take control again, or will the consolidation continue?
#FedRateWatch
