#TrumpTariffs
BNB Eyes Breakout — Will Momentum Return Stronger Than Ever?
BNB is consolidating above $665. The price is showing indications of improvement and may rise further.
BNB price is trying to rebound from $655.
The price is below $675 and the 100-hour SMA.
Break over a connecting negative trend line with resistance at $665 on the hourly BNB/USD chart.
To rise soon, the pair needs hold above $660.
BNB price seeks steady gains
BNB price rose after building a base above $652. Ethereum and Bitcoin moved over $655 and $665 barrier levels.
A good rise over the 23.6% Fib retracement level of the latest collapse from $691 swing high to $653 low occurred. In addition, the BNB/USD hourly chart broke above a negative trend line with resistance around $665.
The price is below $675 and the 100-hour SMA. Price may find resistance at $672 on the upside. It is around the 50% Fib retracement level of the latest slide from $691 swing high to $653 low.