BNB breakout Archives - Coin Engineer https://coinengineer.net/blog/tag/bnb-breakout/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 08 May 2025 18:14:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png BNB breakout Archives - Coin Engineer https://coinengineer.net/blog/tag/bnb-breakout/ 32 32 BNB Approaches Critical Resistance: Holding Above $620 Could Target $640 https://coinengineer.net/blog/bnb-approaches-critical-resistance-holding-above-620-could-target-640/ https://coinengineer.net/blog/bnb-approaches-critical-resistance-holding-above-620-could-target-640/#respond Thu, 08 May 2025 18:45:43 +0000 https://coinengineer.net/blog/?p=41984 All eyes are back on BNB as the popular altcoin approaches a critical resistance zone at $620. According to technical analysis, if BNB manages to hold above the $620 level on the 4-hour chart, the next upward target lies in the $640 – $644 price range. You Might Be Interested In: Elon Musk Talks About

The post BNB Approaches Critical Resistance: Holding Above $620 Could Target $640 appeared first on Coin Engineer.

]]> All eyes are back on BNB as the popular altcoin approaches a critical resistance zone at $620. According to technical analysis, if BNB manages to hold above the $620 level on the 4-hour chart, the next upward target lies in the $640 – $644 price range.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

This breakout could indicate a continuation of bullish momentum, especially if backed by strong trading volume. Sustained movement above this level may confirm renewed strength among buyers.

If $620 Support Breaks, FVG Zone Between $613 – $604 Comes Into Play

On the flip side, $620 now acts as a key support level. If BNB fails to hold this level, the next support is found in the $613 – $604 range — a region identified as an FVG (Fair Value Gap) zone.

BNB
BNB/USDT pair 4-hour chart.

This FVG zone is considered a potential rebound area where short-term corrections could find buying interest and lead to another bullish attempt. Traders are closely watching this region as it may define BNB’s short-term direction.

The coming sessions will be crucial in determining whether BNB can break out or retrace from these levels.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post BNB Approaches Critical Resistance: Holding Above $620 Could Target $640 appeared first on Coin Engineer.

]]> https://coinengineer.net/blog/bnb-approaches-critical-resistance-holding-above-620-could-target-640/feed/ 0