BNB’s short-term targets are influenced by macroeconomic conditions and Bitcoin’s market movements. As BNB reaches the resistance level of 733.42 USD, increased selling pressure is evident from volume spikes. Notable Fibonacci retracement levels include 709.61 USD and 692.89 USD, serving as support zones offering strategic entry and exit points for traders.

The crucial support level for BNB is at 607.16 USD, which has historically attracted buying interest. Resistance at 733.42 USD aligns with the 0.786 Fibonacci level. Combined with volume metrics, these levels provide a framework for traders to anticipate potential price movements and strategies, while keeping an eye on external market influences.