BNB Testing Critical Support at $600 – What’s Next?
The daily chart for #BNB shows a significant correction from the $950+ levels. We are currently seeing a period of consolidation around the $600 psychological support level.
Resistance: $693 (previous breakdown point)
Support: $570 (recent local bottom)
Trend: Bearish in the short term, but looking for a base to form.
If we hold $600, we could see a relief rally. However, a break below $570 might open the door for further downside. Trade safe! 🛡️