- BNB must hold $560 to avoid a drop toward $500 or lower.
- A breakout above $732 could push Binance Coin toward $793 resistance.
- Rising BNB/BTC risk levels may signal a potential sell-off or accumulation zone.
A major shake-up hit Binance Coin—BNB, after a key trendline broke, rattling traders. The price tumbled to $500 before bouncing back to $560. Now, a crucial moment decides what happens next. Buyers and sellers stand at a crossroads. One key level could spark a rally or trigger another sell-off. The battle between bulls and bears intensifies.
$560 Holds the Key to Binance Coin’s Future
BNB swings between $732 and $500, struggling to regain lost ground. A double-bottom pattern starts forming, hinting at a possible trend reversal. Holding above $560 could set the stage for a push toward $740. This resistance zone aligns with previous highs, making it a major test for buyers. A breakout above $732 could drive the price to $793. This move would confirm bullish strength and attract more buyers.
However, failing to clear $600–$650 could invite sellers back. A drop below $560 would erase the double-bottom setup and signal more downside. Losing that support could drag the price of BNB to $500.
BNB/BTC Risk Levels and Growing Market Activity
BNB/BTC risk levels suggest a buying opportunity. The risk score sits at 0.199, historically linked to major rallies. Readings above 0.6 marked previous peaks, while levels below 0.2 signaled accumulation. If risk drops below 0.1, investors could see extreme undervaluation.
On the other hand, a surge past 0.4 may indicate a coming sell-off. Traders looking for strategic entries are watching these price levels closely. The next move depends on whether buyers step up or let selling pressure take over. Meanwhile, Binance Smart Chain sees rising speculation.
A major investor flipped 48 BNB into 54 BNB through a STAR10 meme coin trade. Holdings now sit at $4.93 million, showing strong interest in speculative assets. More traders are joining the action, increasing transaction volumes. If this trend continues, demand for BNB will likely rise.
