Critical technical position, trading near $688.86 following a steep 23% monthly decline. This correction has pushed the price below key
#Fibonacci support levels,
#officially shifting the daily chart structure to bearish. Despite underlying strength in the
#opBNB ecosystem, price action now hinges on the bulls' ability to defend the immediate $687–$690 zone—a final support level. Failure to hold here, even with an oversold
#RSI , could trigger a
#deepe r sell-off toward the $600 region.
$BNB