BNB is valued at 579.69 USD, showing slight resistance following a minor decline of 0.23%. The key support level around 560 USD must hold to sustain bullish momentum.
A successful breakout past 618 USD can initiate a rally towards 679.5 USD, drawing more attention from traders. The market sentiment remains positive, though not overly exuberant.
Recent liquidation data indicates a balanced market, with 6.33 million USD in long liquidations and 4.65 million USD in shorts. This suggests volatility, as neither bulls nor bears dominate.