$BNB
The price of BNB recently rose by 6%, signaling the end of a monthly downtrend. At the time of publication, the altcoin is trading at $653 and is aiming to hold support at $647. A successful defense of this level will allow BNB to target higher levels.
The Parabolic SAR indicator is below the candles, indicating a continuation of bullish momentum for BNB. The next resistance level is $686, but first, the altcoin must hold support at $647. If successful, BNB will have the chance to target $686. Otherwise, the price may drop to $618, which would invalidate the bullish forecast.
