$BNB is gaining strength, rising from the $600 zone and currently trying to break through key resistance at $632. After forming a stable base, the token has demonstrated bullish signals — recovering alongside Ethereum and Bitcoin, as the broader market shows signs of recovery.
The price recently broke above the descending trend line near $625 on the hourly chart, signaling a change in sentiment. It also reclaimed the 76.4% Fibonacci level from the recent drop from $651 to $602, indicating a momentum shift in favor of the bulls.