BNB Price Starts Fresh Increase—Can Bulls Sustain the Momentum?

BNB Price Starts Fresh Increase—Can Bulls Sustain the Momentum?

BNB price is recovering from the $550 support zone. The price is rising and might aim for a fresh move toward the $635 resistance. BNB price is moving higher above the $585 resistance zone. The price is now trading below $595 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $600 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $588 level to start another increase in the near term. BNB Price Eyes Fresh Surge After forming a base above the $550 level, BNB price started a fresh increase.....


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