BNB Primed for Breakout: MACD Flips Bullish as $660 Target Comes Into Focus
Binance Coin (BNB) is flashing its most convincing buy signal in months as a key momentum indicator reverses course. The MACD's bullish crossover suggests traders are betting big on a run toward $660—a level that could reignite the exchange token's stalled rally.
Technical Setup: Why This Time Might Be Different
The last time BNB's moving average convergence divergence flipped positive, the asset ripped 40% in three weeks. Now, with the indicator repeating the pattern near critical support, chart watchers are dusting off their long playbooks.
Market Context: Exchanges Fight for Relevance
While BNB's techs turn green, skeptics note exchange tokens remain the redheaded stepchildren of crypto—perpetually overshadowed by layer-1 blockchains and meme coins. Still, nothing pumps a CEX token like traders frontrunning potential exchange developments (or regulatory reprieves).
Price Outlook: High Conviction Zone
The $660 target represents a 22% climb from current levels—ambitious but not unprecedented for BNB's volatility profile. Watch for sustained closes above the 20-day exponential moving average to confirm the uptrend's legitimacy. Until then? Another 'buy the rumor' special in crypto's never-ending circus.
A combination of MACD signals, open interest behavior, and multi-timeframe support structures provides a technically sound backdrop for this possible shift in momentum.
Aggregated Open Interest and One-Hour Chart Patterns
The one-hour BNB/USDT Price Prediction chart indicates a period of stabilization following sharp declines earlier in the week. After slipping below $645, BNB established a reliable support zone between $638 and $640, a level that has since held firm across multiple sessions. Recent candles reveal smaller spreads, commonly associated with indecision, which may lead to price expansion once volume increases.
Source: Open Interest
Open interest data provides a clearer view of market participant behavior. After midweek liquidation events, aggregated open interest has flattened at 3.18 million. This steady level, coupled with resilient price action, often indicates that existing positions are being retained and new positions are quietly entering.
In technical terms, this combination of stable price structure and consistent open interest is interpreted as early-stage accumulation, which can precede bullish breakouts. The alignment of price consolidation and unchanged open interest suggests growing confidence from market participants.
MACD Crossover and Volume Trends Signal Bullish Momentum
Additionally, in a recent tweet, 365TradeView highlighted a MACD bullish crossover on the BNB/USDT 1-hour timeframe. The MACD line crossed above the signal line just below the zero axis, which is typically interpreted as an early sign of changing momentum. The histogram also began reducing its bearish depth, with lighter magenta bars indicating declining selling pressure.
Source: X
According to Brave New Coin data, BNB is currently priced at $641.07, reflecting a 1.27% dip over the past 24 hours. The market capitalization stands at $93.55 billion, supported by a circulating supply of 145.8 million BNB and a daily trading volume exceeding $710 million.
Despite this minor drawdown, structural indicators are aligning to suggest that the coin is preparing to retest the $650 resistance zone. If price action sustains its trajectory and breaks above the short-term ceiling between $646 and $648, the path toward $660 could reopen in the coming sessions.
These developments align with analysis from 365TradeView and Brave New Coin, both of which note that a sustained MACD position above the zero line—combined with volume resurgence—would serve as a confirmation of trend reversal. The key level for validation remains the $650 region, where market activity is expected to intensify.
Binance Price Prediction: Weekly Indicators Highlight Market Stability
On the weekly chart, Binance Coin price prediction remains within a broader consolidation range that has defined most of 2025. The asset continues to trade above the $640 level, despite the formation of a red weekly candle indicating minor short-term sell pressure. Historically, price has respected the lower boundary of the range since recovering from the 2022–2023 lows, with $183 as the long-term floor and $793 as the upper boundary.
Source: TradingView
The Relative Strength Index (RSI) currently reads 52.22. While this is above the neutral 50 level, it also reflects bearish divergence, identified in previous weeks. Such divergence has previously been followed by periods of range-bound activity rather than significant declines. The RSI remaining above the median line indicates that while upside strength is limited, the overall structure remains intact.
The weekly MACD presents a supportive picture for bullish continuation. The MACD line stands at 8.72, above the signal line at 5.65, with the histogram reading at 3.07. This configuration reflects steady, if modest, bullish momentum on the longer timeframe.
The continuation of this structure, without a bearish crossover, signals that upward potential remains viable. As long as the MACD remains in positive territory and the price holds higher lows, Binance Coin could be positioned for a gradual advance should market conditions align favorably.
