
However, despite the increasing bearish sentiment, BNB shows signs of a potential rebound as large holders are accumulating near the dips. This accumulation is supporting a gradual recovery, and BNB could soon break above the $600 mark. The Relative Strength Index (RSI) also remains in bullish territory around 60, indicating that buyers are maintaining control of the momentum.
If buying pressure continues to build, BNB may break through the $610 resistance, potentially paving the way for a move toward the next key target at $644. Conversely, if selling pressure holds and BNB falls below the 20-day EMA support, the price could drop to the critical $557 level.