🎯 Binance Coin on the rise: BNB surpasses 640 USD and positions itself for further growth 🚀
1️⃣ Following the partnership of Nano Labs (Nasdaq) for a 500 M USD reserve fund backed by CZ, the price has jumped to ~ 645 USD.
2️⃣ Technically, it is breaking key EMAs without approaching overbought levels, which opens the door for a move towards 670-700 USD.
3️⃣ Factors such as network improvements (“Maxwell”), robust volume, and its deflationary tokenomics solidify the bullish narrative.
🔍 Supports: 628 USD (200 EMA), then 615–600 USD
🔍 Immediate resistances: 645–650 USD, then 670–700 USD
✅ If it breaks and closes the week above 650 USD with volume, the path to 700–725+ USD is clear.
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