$BNB
BNB
607.5
-0.45%
#BNB With BNB currently trading at $617, the market has shifted into a more aggressive defensive posture. This price action reflects a breakdown of the previously stable $630 range.
Key Technical Levels:
Immediate Support: $600 is now the primary psychological and technical floor. A breach here could expose a "liquidity gap" down to $585.
Flipped Resistance: The $630–$635 zone, which acted as support earlier today, is now a firm resistance level. BNB needs a high-volume breakout above this to reclaim neutral territory.
Indicators: RSI is deep in the 30s, signaling oversold conditions, while the 50-day moving average continues to slope downward, confirming a short-term bearish trend.