BNB Stabilizes — Is the Next Big Breakout Loading? BNB is c
fulldeg
Updated at: 4 hours ago
{"content":"BNB Stabilizes — Is the Next Big Breakout Loading?
BNB is consolidating above $640 support. The price is showing indications of improvement and may rise further.
BNB price is trying to rebound from $640.
The price is above $655 and the 100-hourly SMA.
Break over a connecting negative trend line with resistance at $652 on the hourly BNB/USD chart.
To rise soon, the pair needs hold above $642.
BNB price targets upward break
BNB price rose after building a base above $642. Ethereum and Bitcoin moved over $650 and $655 barrier levels.
A good rise over the 50% Fib retracement level of the latest collapse from $671 swing high to $642 low occurred. In addition, the hourly BNB/USD chart broke over a negative trend line with resistance at $652.
The price is above $655 and the 100-hourly SMA. Price may find resistance at $660 on the upside. It is around the 61.8% Fib retracement of the latest slide from $671 swing high to $642 low.
Around $670 is the next resistance. A decisive break over $670 might boost prices. In this instance, BNB may reach $678. A closing above $678 resistance might lead to a surge above $685. If gains continue, $700 may be tested.
Another Fall?
BNB may decrease if it fails to break $660 barrier. Initial downside support is $652. Near $650 is the next big support.
The major support is $642. If the price breaks $642, it might fall to $630. More losses might cause a drop to $620.
Tech Indicators
Hourly MACD - BNB/USD MACD is rising in the positive zone.
Hourly RSI (Relative Strength Index): BNB/USD is over 50.
Major Support Levels: $650, $642.
Key Resistance Levels: $660, $670.
#bnb #BinanceAlphaAlert #CryptoCPIWatch #BinanceAlphaPoints $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/16/31a4062ce7d6497aaae3b9e484376c3a.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}