BNB Ready To Breakout? New ATH Coming ‘In No Time’ If This Resistance Breaks
Summary
BNB has surged 5% in the past 24 hours, retesting key resistance levels and showing potential for new highs. The token has retraced about 20% from its all-time high of $793, struggling to maintain the $700 support zone. Since February, BNB's price has fluctuated between $500 and $700, hitting a six-month low in February. Recently, it bounced back from a low of $510, recovering 18% and reaching a monthly high. Analysts suggest BNB could break its three-month downtrend if it holds above the $600-$620 range, with targets around $650. BNB Chain's trading volume surpassed Solana's, reaching $1.64 billion, driven by a recent memecoin frenzy. BNB currently trades at $627, reflecting a daily increase of 4.18%.
