Is Binance Coin (BNB) reversing the sell-off trend?

Binance Coin (BNB) has significantly recovered, showing potential for a bullish reversal as it rebounds from a drop to 535.62 USD. Currently priced at 561.80 USD, BNB faced rejection at the 600 USD level but indicates growing interest among investors.

With trading volume decreasing by 3.45% to 1.79 billion USD, caution prevails among traders. Binance’s strategic moves, including the delisting of seven trading pairs and CZ’s role in Pakistan’s Crypto Council, may support future price increases.

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