BNB drops 4.24% to $734, testing key support levels
- —BNB fell 4.24% to $734.10, session low at $719.03
- —Daily volume of $1.87 billion, 17.97% above the 30-day average
- —Price sits below SMA-7, SMA-15 and SMA-30; RSI 42.7, bearish MACD
- —Weekly loss 6.12%; down 46.42% from the $1,370.14 record high
Why it matters: A break below $719 would add pressure on altcoins, while reclaiming the $735.76 SMA-50 would stabilize BNB.
Source: DiarioBitcoin