Binance Coin (BNB) struggles to break $645 resistance despite a 3% daily gain.
The RSI at 65.03 and the MACD above the signal line suggest strong buying momentum.
Binance Coin (BNB) is battling a key resistance level at $640, showing signs of a potential breakout despite recent market fluctuations. Over the past 24 hours, BNB has climbed by 3%, sparking discussions about whether it can sustain this upward momentum or face another correction.
Currently, BNB is trading around $642, marking its highest price since February 24. The token recorded an intraday high of $644.87. BNB has gained strength following a significant 25% dip between mid-February and March, indicating that it may have moved past its corrective phase. Trading volume has also surged by 50% to $2.04 billion, reflecting increased market activity.
BNB’s price rally follows the global market recovery, which has seen several altcoins bounce back from their monthly lows with Bitcoin (BTC) soared to $87K. Howe
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