$BNB /USDT Analysis: Testing Resistance Levels
BNB is currently trading at 635.10, showing a modest gain of 1.26% over the past hour. This level suggests that BNB is attempting to stabilize after testing the 660.40 peak earlier.
Critical Levels to Monitor:
Resistance at 660.40: This level acts as the ceiling for further upward movement. A break above 660.40 could signal strong buying momentum, pushing BNB into a new bullish phase.
Support at 604.59: Holding above this mark is crucial to maintain the current upward trajectory. A dip below could introduce bearish pressure, with potential support next around 595.51.
BNB traders should stay vigilant as the price tests these pivotal points, with potential for either a breakout or a pullback depending on the volume and market sentiment at these levels.