$BNB /USDT is showing signs of consolidation as the price hovers around $598. Bulls and bears are locked in a tug-of-war, with clear resistance around the $605–$615 zone and strong support at $590.

The 4-hour chart reveals a pattern of lower highs, suggesting weakening bullish momentum. Volume remains relatively low, indicating market indecision. A break above $610 could trigger a rally toward $620–$630, while a drop below $590 may open the door to $570 and lower.

Resistance Zone: $605–$615

BNB has tested this range multiple times but failed to break above convincingly.

Sellers appear to dominate near $610, forming a clear resistance.

Support Zone: $590–$595

The price has bounced several times from this zone, indicating buyer interest around these levels.

A break below $590 could trigger further downside to $580 or lower.

Volume Profile

Volume has been relatively muted compared to late April, suggesting indecision among traders.

Recent red volume bars show mild bearish pressure.

Pattern & Sentiment

BNB is trading within a narrowing range (potential descending triangle).

Momentum seems weak, and bulls are losing strength unless a breakout above $610 occurs.

#BNB #Binance