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Financial indicators and market situation

Price and trends: Currently $BNB is trading in the range of $611–$621. Earlier this week, the asset reached a local peak of over $1,300, setting a new historical high, but subsequently, a correction occurred.

Technical analysis: Analysts highlight a key support zone at the level of $590–$611. If the price holds, the next target is the range of $680–$730 by the end of March.

Market position: #BNB consistently holds the 4th place by market capitalization (~$170 billion), ahead of $XRP and #USDT