The crypto market is generally seeing an upward trend at the beginning of the week, however, Binance Coin (BNB) has experienced a slight drop in price. The rate of Bitcoin (BTC) has made a false breakout of a support level, and if bullish pressure continues, a test of resistance is expected. The price of BNB is currently far from key levels, and if the daily close remains around $600, sideways trading within a narrow range is likely. There are no reversal signals yet for BNB, but if a breakout of the $600 area occurs, a test of the $550 zone may follow. At present, Binance Coin is trading at $604.86.



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