BNB Price Just 10% Away From New ATH: Here’s What Could Happen Next

BNB is now just 10% away from its all-time high (ATH), after rallying 181.79% this year alone. However, some technical indicators such as ADX and Ichimoku Cloud suggest that the uptrend is weakening. With ADX currently at 19, it shows a clear loss of momentum, although the price remains within a bullish structure.

Ichimoku Cloud signals are also mixed; BNB is currently above the Kijun-Sen and Tenkan-Sen, but near the edge of the cloud, suggesting that the trend is not yet strong. To sustain the upside momentum, BNB needs to break above resistance levels at $667 and $687. Otherwise, a correction could occur, with the price potentially falling to key support levels at $603 or even $593. In short, in the coming time, BNB price may continue to fluctuate or face selling pressure if it does not recover strongly.