BNB Price Consolidation and Potential Gains
- BNB price is consolidating above the $665 support zone.
- The price is currently trading below $675 and the 100-hourly simple moving average.
- A break above a bearish trend line at $665 was observed on the hourly chart.
- Resistance levels are identified at $672 and $680, with major support at $655.
- The hourly MACD for BNB/USD is in the bullish zone, and RSI is above 50.
BNB price shows positive signs above the $665 support, trading below key resistance levels. The MACD indicates bullish momentum, while RSI remains favorable for potential gains.
Source (2.6)https://www.newsbtc.com/analysis/bnb/bnb-price-eyes-comeback-680/?rand=52377