$BNB Price is pushing back into a key supply zone around the 640–650 area, where we’ve seen consistent rejection in the past. The reaction here will be important. Structure looks like a recovery from the lows, but this move is now testing a strong resistance while momentum is starting to slow down. You can already see hesitation near this level. If this zone holds again, we could see another rejection and a move back toward the trendline support below. On the other hand, a clean breakout and acceptance above this area would shift the structure and open the door for higher levels. #BNB

Share







Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.