$BNB BNB at $695. What's next?
BNB is consolidating after its rejection near $800. Buyers are trying to hold the $670–$640 demand zone.
$BNB
If this area holds and price reclaims $730–$775, a retest of $800–$814 is possible.
But losing $640 could open the door toward $617–$600, with $550–$560 as deeper support.
Fundamentally, BNB's quarterly burns and growing BNB Chain activity remain positive long-term factors.
I'm watching the reaction at support before making any directional call.
Healthy correction or another leg down?
#Bnb
BNB is consolidating after its rejection near $800. Buyers are trying to hold the $670–$640 demand zone.
$BNB
If this area holds and price reclaims $730–$775, a retest of $800–$814 is possible.
But losing $640 could open the door toward $617–$600, with $550–$560 as deeper support.
Fundamentally, BNB's quarterly burns and growing BNB Chain activity remain positive long-term factors.
I'm watching the reaction at support before making any directional call.
Healthy correction or another leg down?
#Bnb
