BNB steadies near the 611 baseline, riding a rising trend after a wedge breakthrough. Pushes above 660 could hunt the 690-720 supply shelf; a slip beneath 600 would tilt momentum back to the 560 demand pocket.Trade active
BNB is tip-toeing along its year-to-date trend-bench (now 645-650), repeatedly repelling attempts to crack it. Market structure shows a layered supply wall between 680 and 720 – reclaiming 680 on a 4-h closing basis should rekindle March’s momentum and aim for the top of that shelf. A clean violation of 620 turns the current up-channel into a topping structure, favouring a slide toward the mid-500s liquidity pocket.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.