BNB (BNBUSD) Price Is targeting $662.0 Barrier Zone

Bulls are gaining more power in BNBUSD market

BNBUSD Price Analysis: 04 July

Buyers may be able to drive BNBUSD to test the $685.6 and $729.9 resistance levels if they can hold onto the $642.3 support position and break above the $662.0 resistance position. If BNB can break below the critical $642.3 hedge, it should target the prior lows of $606.1 and $585.5.

Key levels:

Supply levels: $662.0, $685.6, $729.9

Demand levels: $642.3, $606.1, $585.5

BNBUSD Long-term Trend: Bullish

The price’s most recent flip at $606.1, which is in line with the adding pattern, suggests that buyers might not accept a lower offer, and BNB’s most recent increase above $642.3 suggests that dealing is in control. Bulls broke through some resistance and entered the forenamed hedge as their strength increased. On May 27, the cryptocurrency’s price increased from $585.5 to $685.6. Every day, the BNBUSD map displays a bullish trend.

The price of the BNBUSD is currently climbing above the cryptocurrency’s indicators, according to the Hull Suite FX data. Buyers may be able to drive the price to test the $685.6 and $729.9 resistance levels if they can hold onto the $642.3 support position and break above the $662.0 resistance position. If BNB can break below the critical $642.3 hedge, it should target the prior lows of $606.1 and $585.5.

BNBUSD medium-term Trend: Bullish

Over the following four hours, the benefits of the currency can lead to an increase in the price of BNBUSD. The BNB began to rise after testing at $606.1. On June 25, we learned that a total of $606.1 had been paid. The bulls’ rage caused the price to flip above the goal level. The price is now moving toward $662.0 after breaking $642.3.

The BNB trade is higher than what the Hull Suite shows. A signal line above zero on the QQE MOD index indicates significant purchasing.