$BNB is currently trading near a major demand zone, showing signs of short-term weakness but strong long-term structure.
đ Technical View
Price hovering around key support: $600â$650
RSI near oversold levels, hinting selling pressure may be exhausting
A clean break above $690â$700 could trigger upside continuation
đ„ Fundamentals Still Strong
Core utility across Binance + $BNB Chain
Quarterly token burns = deflationary supply
Strong ecosystem activity (DeFi, staking, launchpads)
Institutional & regulatory headlines continue to move price fast
â ïž Risks
Regulatory uncertainty remains the biggest wildcard
Loss of $600 could open deeper correction
đŻ Outlook
Short term: Volatile / range-bound
Midâlong term: Bullish if support holds and resistance breaks
đŹ Market is testing patience â not conviction.
