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BNB Struggles Below $700 as Technical Indicators Point to a Potential Drop to $500

BNB Struggles Below $700 as Technical Indicators Point to a Potential Drop to $500

Photo: Crypto Economy

TL;DR BNB trades at $696, down 6.44% over the last 24 hours, as selling pressure keeps the token below the psychological $700 level. Technical indicators point to a bearish short-term structure, with 680–683 acting as critical support and $650 emerging as the next downside target. A decline toward $500 remains an extended bearish scenario, while ... Read more

Source: Crypto Economy

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