Binance Alpha Alert: Potential Breakout at $BNB
$BNB shows an interesting price structure with consolidation in a strong support area around $585–590. Volume is gradually increasing, and the RSI indicator is starting to trend upward from the neutral zone.
If a breakout occurs above $600, the potential short-term target is at $620–630. However, if $BNB fails to hold above $585, we could see a rapid decline to $570.
Watch today's volume movement — this could be an early accumulation signal.
This is not financial advice, DYOR before making decisions!