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$BNB Grinding Higher Into Range Top
BNB/USDT is trading around $627, up over 4% on the session. On the 4H timeframe, price is steadily climbing after defending the $592–$600 demand zone.
Structure shows a series of higher lows forming since the recent dip. Price has reclaimed the short-term moving averages, with MA5 above MA10 and both curling upward. The 30MA near $616 is now acting as dynamic support — a constructive sign for continuation. MACD is crossing higher, reflecting strengthening bullish momentum.
Key zones:
Immediate resistance: $628 (recent high)
Break above → opens $640–$647 area
Support: $616 → $600
As long as BNB holds above $615–$620, the bias remains upward. A clean break and close above $628 on 4H could trigger expansion toward mid-$640s. Rejection here may lead to brief consolidation before the next push.
Slow grind up — momentum building, but breakout confirmation is key.
#BNB