On May 13, 2025, at 02:07 AM (UTC), Binance Market Data revealed that BNB has fallen below the $650 mark, currently sitting at 649.210022 USDT. This marks a slight 0.68% decrease within a 24-hour period.
📉 BNB Price Drop Analysis
Despite the modest 0.68% drop, the dip below $650 has caught the attention of investors and traders. As BNB hovers around this crucial support level, many are closely monitoring the price action for potential further downside.
⚡ What’s Next for BNB?
Traders are now looking for key support levels to gauge whether BNB will continue its descent or stage a recovery. If the $650 support level fails to hold, we might see BNB testing lower levels around $640 or even $630 in the short term.
🤔 Is it Time to Buy BNB?
For those considering entering the market, waiting for a clear confirmation of a bounce at support levels could present an attractive entry opportunity. However, traders should exercise caution and wait for a strong reversal signal before considering any buy positions.
Will BNB manage to reclaim the $650 level, or are further losses on the horizon? Share your thoughts below!
#Binance Coin price analysis, #BNB support levels, #cryptocurrency market update