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BNB Price Surge: Momentum Regained

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
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