📉 $BNB /USDT Market Update – Sellers in Control
BNB is currently trading at $600.87, down -2.41%.
Today’s high was $620.59, and the low touched $596.00, showing clear volatility in the market.
On the 15-minute timeframe, the trend looks bearish.
Price is trading below the MA(7), MA(25), and MA(99), which signals short-term weakness. Recent candles show strong selling pressure, although the $596 level acted as temporary support with a quick reaction.
📊 Volume increased during the recent drop, suggesting panic selling or strong distribution.
Key Levels to Watch:
🔹 Support: $596
🔹 Resistance: $607 – $610 zone
If price breaks below $596, we could see further downside.
However, if BNB manages to reclaim the $607–$610 area, a short-term bounce is possible.
⚠️ Trade smart and manage your risk. The market is still unstable — avoid FOMO.