Overview of the Technical Analysis of $BNB $USDT

BNB is currently trading in a medium-term uptrend channel, indicating growing optimism among investors and suggesting a continuation of the upward movement. The coin has remained stable, consolidating in a price range, but with signs that it may seek new levels.

Key Support and Resistance Levels

Immediate Resistance: BNB is testing resistance near $662 - $670. A sustained breakout above these levels could pave the way for new gains. There is also a barrier at $690.

Immediate Support: The nearest support levels are at $655 and $650. Stronger support is seen at $645, where demand has proven to be more consistent. If the price falls below $644, there may be a larger retracement towards $632 and $620.

Bullish Targets: If BNB breaks through the current resistances, the next targets could be $672, followed by $680 and up to $700 in the short term. Some analysts project that, with continued momentum and ecosystem updates, BNB could test the range of $725 - $760 in the coming weeks of July 2025.

Relevant Technical Indicators

Relative Strength Index (RSI): BNB's RSI is currently around 55-59, which is considered neutral to slightly bullish, indicating increasing strength but without being in overbought territory. A bullish trending RSI supports the positive trend.

Moving Averages (MA): BNB is trading above its key moving averages, including the 100-hour moving average, which reinforces the short-term uptrend. On the 4-hour chart, the 50-day moving average is rising, indicating a strong short-term trend.

MACD (Moving Average Convergence Divergence): The MACD for the BNB/USD pair is gaining strength in the bullish zone, and some signals show a bullish crossover forming, with momentum increasing.