Analyst Arman Shirinyan’s downside scenario for Binance Coin (BNB) hinges on a confirmed daily close below $690, a condition that an early Nov. 3 price of $692.48 cannot establish.
At that reading, BNB was down 2.36% over 24 hours. The quote was $2.48 above the level Shirinyan identified, but it captured a point during trading rather than the end of the day.
In a Nov. 2 analysis for U.Today, Arman Shirinyan identified $670–$650 as a possible lower range if BNB records a confirmed daily close below $690. He also described buying pressure as fading after an August rally. The lower range remains part of his conditional assessment; the early Nov. 3 quote does not show that BNB reached it.
The next indicator in Shirinyan’s scenario is BNB’s daily closing price relative to $690. A price observed during trading cannot show whether BNB met the closing condition.
