Crypto:
36638
Bitcoin:
$91.481
% 1.88
BTC Dominance:
%58.6
% 0.05
Market Cap:
$3.11 T
% 1.94
Fear & Greed:
28 / 100
Bitcoin:
$ 91.481
BTC Dominance:
% 58.6
Market Cap:
$3.11 T

BNB Technical Analysis: Will the Descending Trend Break?

bnb

BNB has reclaimed the bearish FVG (Fair Value Gap) zone previously discussed in technical analyses and is now testing a significant descending trendline on the daily chart.

Descending Trend Under Pressure

This level is critical, as a confirmed breakout could lead to a push toward the $630 level. Historically, this zone has acted as strong resistance, and a successful move above it could open the door for further gains toward the $650–$660 range.


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$630 as a Key Resistance Level

On the other hand, a rejection from the trendline would shift attention back to the recently reclaimed FVG zone, which would then be expected to act as support. In this scenario, a consolidation phase around the support region could follow before a clearer trend direction emerges.

BNB
BNB/USDT pair daily chart.

Traders are watching closely as price action in these zones will likely provide crucial clues on BNB’s short-term momentum and overall trend shift.


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