Now that Binance has lifted the suspension, $BNB has been facing moderate selling pressure throughout the day
Interestingly, the pullback actually started a few hours before the announcement itself.
Price has gone from around $745 during the weekend to roughly $692 at the time of writing.
If the suspension narrative was indeed one of the main drivers behind the weekend buying pressure, then it wouldn’t be surprising to see the market revisit the origin of the move around the $645–$650 zone.
That said, the correction still looks relatively contained for now. Price is declining, but not in a way that suggests panic selling yet.
The next few hours and days will be interesting. Either BNB stabilizes and resumes its trend… or the market decides it wants a deeper reset before the next move.
