BNB Price Reclaims $600 with Potential Gains Ahead
BNB Price Update
- BNB is rising from the $580 support zone.
- Current trading above $600, with consolidation underway.
- Attempting to clear the $615 resistance level.
- Support at $611 from a forming bullish trend line.
- Hourly MACD indicates bullish momentum.
- RSI is above 50, suggesting strength.
Price Targets
Resistance levels are set at:
- $618
- $620
- Potential move towards $635 if $620 is surpassed.
- Further gains could target $650 and $665.
Downside Risks
If resistance at $620 holds, BNB may decline:
- Initial support near $611.
- Next support at $607 and $600.
- A drop below $600 may lead to $585 and possibly $580.