Markets· ★★★· bearish·

BNB loses $750 pivot as analysts warn of a slide toward $680

  • —BNB traded near $729 after hitting a daily low of $708.64 on Binance on Oct. 15
  • —Price sits below its 20-day SMA at $761.09 and 50-day at $744.55
  • —Support is seen at $700–710, with $680–690 the next target if it breaks
  • —Liquidation clusters sit around $765–766 above the current range
Why it matters: A break below $700–710 would open the door to $680 and add pressure on altcoins amid hawkish Fed rate expectations.
Source: crypto.news