Yigit Taha OZTURK 
BNB recently bounced strongly from the $524 support zone — a level where buyers have previously shown interest. This key support helped initiate a sharp upward move, pushing the price into the bearish FVG (Fair Value Gap) zone. As a result, BNB is now testing an important resistance that may define its short-term trend.
FVG Zone and Critical Resistance
Currently, BNB is trading within the FVG zone. If this area is broken with a strong close and solid volume, the next major target will be the long-standing downtrend resistance. This level marks a turning point for BNB, and a breakout could renew market confidence while sparking a new wave of buying activity.
You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!
What If Rejection Occurs?
However, if BNB gets rejected from the FVG zone, a pullback toward the $530 – $524 range is likely. This area now serves as a short-term support zone. A retest of $524 would put the spotlight back on buyers — will they hold the line again, or will bears push the price lower?
In summary, BNB has climbed from $524 and is now facing a major resistance zone. A successful breakout could push the price toward the descending trendline resistance and beyond. However, rejection at this level may lead to another dip back into the $530 – $524 range. As always in the crypto markets, cautious optimism is key.
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.