Hey kids, let's talk about BNB, a type of cryptocurrency! It's like digital money, but it's used on the Binance exchange. Recently, its price has been going up and down a bit.
- BNB's price is recovering after being low around $550.
- It's aiming to reach a higher price of around $635.
- The price is currently above important support levels, but could drop if it doesn't break through resistance levels.
| Price Point | Meaning |
|---|---|
| $550 | Low point, but recovered from it. |
| $588 | Important support level – if it stays above this, the price may keep rising. |
| $606 | Resistance level – if it goes above, we may see more growth. |
| $635 | Possible high point; another goal for the price. |
