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$BNB Alert: Market Sell-Off, Nearing Critical Support! 📉
Binance Coin is currently experiencing strong selling pressure as part of a broader crypto market downturn. The price has dropped significantly, approaching key support zones.
Here's the current snapshot and what to watch:
Current Price: Approx. $696.96 USD
Recent Trend: Bearish (lower highs and lower lows) in the short-term
Key Support Zone: The crucial demand area is around $700–$550. Holding this zone is vital for the long-term bullish structure to remain intact.
Key Resistance: Near $760 USD.
💡 Why Watch: The price is at a major decision point. If the current support holds, a strong bounce is possible. A clean break below the support could lead to a deeper correction.
#BNB_Market_Update #ShortTerm #crypto Trade
$BNB here 👇