Binance Coin Price Prediction has shown early signs of recovery following a sharp decline that pushed the price briefly below 600 USDT.
The quick rebound has brought the token back above 640 USDT, with short-term indicators hinting at a potential shift in market sentiment. Rising open interest and strong trading volume support the case for continued upside if momentum holds. Traders are closely watching whether BNB can break through the 650 USDT resistance and sustain higher levels.
Short-Term Price Action and Structural Shift
Over the last ten trading days, the 1-hour chart for BNB/USDT highlights a two-part structure. Between June 15 and 17, the price advanced steadily, reaching the 660 USDT zone before reversing course. What followed was a pronounced downtrend characterized by a sequence of lower highs and lower lows. This decline culminated in a strong sell-off on June 22 that briefly pushed BNB below 600 USDT, marking a…
