Though buyers are attempting a push beyond the $235 resistance mark, bears continue to defend the surging buying pressure. This movement hints that the BNB price might consolidate within the $225 to $235 range for a while.

With the 20-day EMA climbing and the RSI level surging exponentially, indicators point to an easier rise than a fall in price. Should the bulls send the price past $235, we could see a climb to $248 and possibly up to $261. However, if the bears manage to pull the price down and keep it below $225, the trend could tilt in their favor.$BNB