Binance Coin (BNB) Price Analysis for July 15
Main Idea
The article provides a price analysis of Binance Coin (BNB) for July 15, noting a recent drop and potential future movements within a specific range.
Key Points
1. The rate of Binance Coin (BNB) has dropped by 2.5% over the last day.
2. BNB is currently trading between the support of $675.30 and the resistance of $691.10.
3. A correction may continue to the $665-$670 area if the price fails to hold current levels.
4. From a midterm perspective, BNB made a false breakout of the resistance at $697.73, which could lead to a drop to the $660 zone.
5. BNB is trading at $680.65 at press time.
Description
Has rate of Binance Coin (BNB) reached overbought zone yet?
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