BNB Stalls Near $670 as Market Stays Range-Bound

[nihalsari]

BNB has once again struggled to break through the $670 resistance level, with sellers stepping in to defend the price ceiling. The recent rejection pushed BNB below its 20-day exponential moving average around $637, suggesting that bullish momentum has temporarily faded.

Traders now expect BNB to remain within a wide trading range between $570 and $670 for the near term. A decisive breakout above $670 could revive bullish sentiment and send the token toward the 50-day SMA near $718, with a possible extension to $790. On the downside, a drop below $570 would signal renewed bearish control and could push the price toward $500.

[ed]

every time BNB approaches $670 the sellers just spawn out of nowhere like NPC guards