Binance Coin’s Bumpy July: Is BNB About to Slip on a Banana Peel?

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Well now, according to the fine and nervous folks over at CoinStats, the market’s as ready for another upward climb as a cat’s ready for a bath—meaning not at all. 😼

BNB/USD

BNB, that gleaming nugget of the Binance empire, slid downward by a modest 0.28% in the last day. That’s just enough to turn investors’ smiles upside down, but not quite enough to spill their coffee. ☕️

In the thrilling drama on our hourly chart, BNB is sidling back to the “support” of $655.92. If the sellers keep up their pressure—which they do about as reliably as a river flows downhill—there’s a mighty fine chance we’ll see that level bust wide open and BNB will tiptoe down to the $650-$655 range. Don’t everyone panic at once. 😬

Glancing over at the bigger chart, BNB faked a breakout of yesterday’s low—real sneaky, like a raccoon in your chicken coop. A lot of noise, not much progress.

But watch carefully: if today’s candle—whatever that is—flops down around $656.70, you might witness BNB tumbling further, all the way to a not-so-glamorous $645.

If you’re the patient sort (or just stubborn), better wait and see how the weekly candle closes. If that thing wraps up far away from last week’s high—and manages not to have a dramatic-looking wick—then, maybe, just maybe, some upward growth could materialize…unless the market remembers it owes you nothing and does something else entirely.

BNB is hobbling along at $657.88 as we speak. Place your bets, folks—and hang onto your hats. 🎩

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2025-07-04 17:43