Binance Coin / TetherUS

BNB/USDT weekly chart indicates a few key points for analysis:

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As of the latest update, BNB is trading around $614.87.

Strong resistance is visible around $663.27.

Key support levels are highlighted around $478.30 and $205.25.

The chart shows a potential cup-and-handle formation, suggesting a bullish outlook if the price breaks above the resistance level.

Recent price action indicates a potential consolidation period, with movement occurring between established support and resistance.

For a more detailed analysis, consider factors such as trading volume, market news, and overall trends in the cryptocurrency market. Always exercise caution and do further research before making any trading decisions.

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