The price of Binance Coin (BNB) has dropped by 0.62% in recent days and is approaching a resistance level of $599.99. However, the overall market is not dominated by bulls or bears, with low trading volume suggesting limited potential for significant movements. As such, it is likely that BNB will continue to trade sideways in the range of $580-$610. In the midterm, if the weekly candle closes around current prices, traders should not expect increased volatility. At the time of writing, BNB is trading at $598.10.



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