BNB struck in opposition to $ 654 while the Iran-Iran conflict revolves on crypto entrepreneurs

The BNB stumbled under a tough level of resistance of $ 654, according to the technical review model of CoinDesk Research, with price swings driven by a global warning following the ongoing war between Israel and Iran.

The token fell after a short break above $ 650, showing signs of stress, while the broader market size. The CoinDesk 20 index remained flat in the last 24 hours of trading. The BNB price falling arrived as the crypto market collapsed with Donald Trump’s call for Iran’s “unconditional surrender“After saying the chief of the country is an“ easy target. “

In the Polymarket of the Prediction Market, the odds of US military actions in the region before the end of the month Jump to 61%. If the timeline is expanded next month, the odds will rise to 69%.

However, some bullish sentiment remain in the broader crypto market. The United States Senate passed the Stablecoin law this week, a sign of the growing clarity of regulation that some of the industry views as a point of construction.

Corporate Buying Bitcoin It also appears to hold demand despite increasing short -term volatility.

Overall -analysis of technical analysis

The BNB is currently combined with a PABAGU -new range, showing signs of both accumulation and concern to entrepreneurs.

• The property was exchanged within a 24-hour range of 2.53%, climbing from $ 641 to a session of $ 654 before facing the decline.
• A potential zone resistance was formed near $ 653.5, confirmed by repeating failures to break higher and a spike in selling activity and volume around that area.
• A significant support level appeared at $ 638, marked by the highest volume of sun spikes pointing to the consumer’s strong interest.
• The price touches a low $ 637 before showing the signs of stabilization. Since then, the BNB has posted three consecutive higher lows, indicating a potential double bottom and renewed interest in purchase.
• Market participants can watch if BNB can hold above the $ 640 support line.
• A prolonged move higher may require a resistance to $ 654 with a stronger belief, while a break below $ 637 can trigger a deeper pullback.

Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.