The price of Binance Chain Native Token (BNB) is currently in a bearish trend zone, trading below moving average lines but above the $560 support. If the current support is lost, the price could retrace to its previous low of $508. On the other hand, if the price bounces back and breaks above the moving average lines, BNB may resume its bullish momentum. The technical indicators suggest resistance levels at $600, $650, and $700, and support levels at $400, $350, and $300. However, it is important to note that this analysis is a personal opinion and readers should do their own research before investing.



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