$BNB is currently trading near a major demand zone, showing signs of short-term weakness but strong long-term structure.
📉 Technical View
Price hovering around key support: $600–$650
RSI near oversold levels, hinting selling pressure may be exhausting
A clean break above $690–$700 could trigger upside continuation
🔥 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
⚠️ Risks
Regulatory uncertainty remains the biggest wildcard
Loss of $600 could open deeper correction
🎯 Outlook
Short term: Volatile / range-bound
Mid–long term: Bullish if support holds and resistance breaks
💬 Market is testing patience — not conviction.
