CandleFocus BNB Price Poised to Rally—If It Can Overcome This Hurdle
2025-02-07
Author: Content Editor
The BNB price is recovering from its recent losses and is aiming for a move towards the $635 resistance level. It struggled to stay above the $620 level and experienced a pullback. However, it has recently started a recovery wave, breaking above key resistance levels. If it continues to increase, it may face resistance at the $590 level and the next resistance level is at $595. A close above $605 could lead to a larger move towards the $620 resistance. On the downside, initial support is at $570, followed by major support at $560 and $540.
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