Binance Coin [BNB]: Key levels to watch as market dynamics shift – BitRss

• BNB ($647.44) is struggling to break past resistance, with Funding Rates suggesting indecision among traders.
• A drop below $640 could trigger more downside, while a push above $700 may signal bullish momentum.

Binance Coin [BNB] has been trading within a defined channel, facing resistance near the $700 mark while maintaining support above $620.

The asset’s price trajectory is showing signs of tightening volatility, but on-chain metrics suggest potential deviations that could define its next major move.

BNB: Resistance and support zones

The 12-hour chart for BNB reveal…