BNB price has fallen from technical support as the market is waiting for FOMC evidence amid geopolitical tension

BNB, the original symbol of the BNB series, has decreased by 1.7 % over the past 24 hours, shook by the lack of the growing market with the escalation of the conflict between Israel and Iran and after US President Donald Trump called for National Security Council for Preparation In the position room.

BNB swings between $ 659 and $ 646 a day, which represents a narrow but important trading scope. The level of $ 647 has emerged as a support line for a distinctive symbol, which is now hovering below, according to the technical analysis data of Coindesk Research.

Despite the turmoil, the basics of the BNB series are still strong.

More than $ 100 billion in decentralized exchange (DeX) was treated last month and more than $ 10 billion in the past 24 hours, According to Dolama.

Investors are now looking at the Federal Open Market Committee meeting on Wednesday (FOMC) for signs. Any signals can affect interest rates on liquidity, especially in assets, such as encryption.

The background is in the background Vaneck App hanging bnb etfWhich was presented in May. If approved, the door may be opened to a greater institutional participation.

Technical analysis overview

• Strong support was formed at $ 647, supported by an increase in size to 82,311 symbols, or nearly three times average of 24 hours, according to Coindsk Research.
• The resistance was established between $ 658 and $ 659, a region in which the price was rejected twice amid the high volume of height.
• The plans reveal an hour at $ 655, followed by a slight decline to $ 652. This determines local resistance at $ 655.70-655.80 dollars.
• Selling intense pressure during the decrease. BNB is currently combined below the resistance with a decreased tilt, and the additional passive side comes if the feeling remains weak.

Relationship: Parts of this article were created with the help of artificial intelligence tools and reviewed by our editorial team to ensure accuracy and commitment Our standards. For more information, see Coindsk Full Policy Artificial Intelligence.