BNB/USD 4-hour Time Frame Chart

So far, the BNB coin price has not yet displayed any signs of reversal at the bottom support. This, violating the $500 support, the coin would be threatened to drop near the $450 mark.

On the contrary, if the price manages to sustain above this level, the crypto traders should wait for the price to breach the nearest resistance level of $535 for better confirmation.

As per the traditional pivot levels, the nearest resistance for the coin price is $530, followed by $571. As for the opposite end, the support levels are $490 and $446.