$BNB

BNB holds at $598 — is it time to prepare for a new impulse?

As of May 2, 2025:

• Current price: $597.79

• 24-hour trading volume: $1.54 billion

• Market capitalization: $84.52 billion

• Circulating supply: 140.89 million BNB

• Maximum supply: unlimited  

Price dynamics:

• Daily high: $604.78

• Daily low: $595.83

• Change in 24 hours: -0.91%  

Technical analysis:

On the daily chart, BNB is experiencing consolidation in the range of $595–$605. The RSI and MACD indicators indicate a neutral market sentiment, which may precede a new impulse. The key support level is at $590, and resistance is around $610.

Forecast:

Considering the stability of the price and trading volumes, BNB may be preparing for an upward breakout. However, investors should closely monitor market signals and be ready for potential fluctuations.