BNB/USDT Update – May 12, 2025

Binance Coin (BNB) is trading at $663.69, up +1.89% in the last 24 hours.

Key Highlights:

24h High: $693.00

24h Low: $647.31

Volume (BNB): 512,721

Volume (USDT): $343.46M

Current Support: Around $663.60

Resistance Zone: Around $665.50–$665.90 (as per MA60)

The short-term price action shows a slight bullish momentum with a recent dip after testing resistance. Market sentiment appears cautiously optimistic, with strong trading volume keeping BNB stable above $660.

Technical Indicators (1h Chart):

Price is hovering just below the 60-period moving average (MA60), signaling mild resistance.

SAR and EMA levels suggest consolidation, but volume spikes could hint at a breakout attempt.

Watchlist Tip:

Keep an eye on the $665 level. A confirmed breakout above this could signal a potential rally toward $680+.

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