BNB Technical AnalysisThe bulls are attempting to push BNB (BNB) to the strong resistance at $635, where the bears are expected to mount a strong defense. If the price turns down from the overhead resistance but finds support at the 20-day EMA ($575), it will suggest that the bulls are still buying on dips. The bulls will then make one more attempt to clear the overhead barrier. If they succeed, the BNB/USDT pair could rally to $722. Contrary to this assumption, if the price breaks and closes below the 20-day EMA, it will signal that the range-bound action could continue for a few more days. The short-term advantage will tilt in favor of the bears as long as the price remains below the 50-day SMA.