BNB Nears Critical $670 Resistance: Is a Breakout Imminent?
BNB is approaching a pivotal technical juncture as it tests the $670 resistance level, a historically strong barrier. Analyst Wise crypto points to the asset’s coiling price action, with increasing volume suggesting potential momentum buildup. A decisive breakout could propel BNB toward targets at $710, $742, and eventually challenge its all-time high near $800.
Market participants are closely monitoring repeated tests of this key zone, which are intensifying pressure. The weekly chart’s tightening formation indicates an impending volatility surge, with traders positioning for a potential bullish resolution.