Analyst: The price break above $600 by BNB triggering a rebound to $635 remains to be verified
2026-08-10 20:33:50
According to CoinMeta, the price of BNB broke through $600 on August 10, with trades approaching $605. Market sentiment has improved, and there may be another opportunity for short-term pressure in the near term. Based on CryptoNews data, BNB reached a intraday high of $606.84 during trading on August 10, showing a gradual recovery trend. Currently, the price of BNB has risen by about 12% from its June low of $540. The daily chart indicates that BNB is testing its 100-day moving average of $604.85; if it can continue to close above this level, it will enhance the possibility of a recovery. In the short term, the resistance level for BNB is between $605 and $610. If it can break through $610, it may open up a major consolidation range between $618 and $623.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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