Critical technical position, trading near $688.86 following a steep 23% monthly decline. This correction has pushed the price below key #Fibonacci support levels, #officially shifting the daily chart structure to bearish. Despite underlying strength in the #opBNB ecosystem, price action now hinges on the bulls' ability to defend the immediate $687–$690 zone—a final support level. Failure to hold here, even with an oversold #RSI , could trigger a #deepe r sell-off toward the $600 region.$BNB