Consolidation around $660 signals potential breakout for Binance Coin as traders monitor volume and trendlines.
BNB forms a symmetrical triangle with tightening price action near $660 resistance.
A break above $670 could trigger rally, with targets at $664 and $667.59.
Daily volume near $708M suggests steady trader interest in upcoming move.
Triangle breakout may impact Binance ecosystem and broader crypto sentiment.
Binance Coin (BNB) is showing signs of a potential breakout as its price consolidates within a tightening triangle formation.
After recent price fluctuations, the token is now testing a key resistance range between $660 and $670. Traders and analysts are closely watching this zone, as a decisive move could trigger a strong upward trend. As the primary token of the Binance ecosystem, BNB’s activity often reflects broader sentiment within the crypto market. Rising volume and buyer strength could fuel the next rally if resistance fails to hold. $BNB
Courtesy - Blockonomi