$BNB is trading at 699.98, up 0.60% today, after a sharp drop and recovery on the 15m chart 📈
Chart levels I'm watching:
🔴 Resistance: 702.22 – 703.30 (chart high and 24h high)
🟢 Support: 694.77 – 691.72 (recovery zone and BOLL midline)
🟡 Key level: 680.74 (24h low, tested twice)
Price slid from around 702 to 680.74, printing two long lower wicks on heavy red volume. Buyers stepped in both times and pushed price back up in a V-shape. This is also the same 680 zone that held as the swing low on the daily chart.
Right now price is sitting at the upper Bollinger band (699.89), so the short-term move looks stretched and a small pause wouldn't be unusual. Volume on the bounce is lighter than on the selloff, which is worth watching.
A clean break and hold above 703 would show real strength. Losing 691 would put the recovery in doubt.
Do you think BNB holds 680 or comes back to retest it? 👇
#USOctoberNFP-AreRateCutsStillPossible #USMidterms-WhatAreMarketsExpecting? #bnb Chart-based observation only, not financial advice. NFA, manage