BNB price rebound runs into $620 supply zone again – What comes next?

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BNB price surged 2.91% on August 11, with spot trading volume on Binance reaching 142,490 BNB, up 61.49% from Monday’s 88,230 BNB. Binance posted a cryptic teaser on its official X account, hinting at a possible integration with the platform. Since mid-June, BNB has traded between $540 and $620, with technical indicators (OBV, A/D, CMF) showing lackluster demand over this period. A breakout above $620 could allow a test of Fibonacci levels at $666 and $701, while a drop below the $597 support would constitute an early bearish signal.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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