CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-05-10 09:30:00

BNB Price Prediction for May 11: Can the Rally Sustain Above $660?

After breaking out from its mid-April range, the BNB price today is consolidating near $663.19, just below the recent swing high of $678. This move was triggered by a clean breakout above the $620 resistance zone, supported by increased volume and trendline confluence. On the 4-hour chart, BNB has flipped previous resistance zones into support, particularly at $643 and $617, both of which align with key Fibonacci levels. BNB price analysis (Source: TradingView) The rally began after BNB broke through the 0.5 Fib retracement from the March high ($645) and reached the 0.382 Fib at $678, where it faced short-term rejection. Price is currently attempting to stabilize within this Fib pocket. Daily structure shows a series of higher lows since April 13, and price is now trading well above its descending trendline from March. BNB Price Today: Indicators Flash Bullish but Overheated BNB price analysis (Source: TradingView) On the 4-hour timeframe, the BNB price action remains bullish with all major EMAs (20/50/100/200) stacked in ascending order. The 20-EMA sits at $649.34 and has consistently held as dynamic support during minor dips. The 50-EMA at $630.42 forms seco… The post BNB Price Prediction for May 11: Can the Rally Sustain Above $660? appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.