Money-Maker8

$BNT B rebounded sharply from the $610 zone to nearly $673 in just a few daily candles before slowing down around $667. Despite a slight -0.19% daily move, the chart still shows strong momentum, with 24H volume holding near $105M.
Market sentiment is shifting from fear to early FOMO. Traders who sold near the bottom are watching price recover without them, while late shorts around the $640-$650 breakout likely got squeezed. Now, as BNB approaches $673 resistance, profit-taking pressure is starting to appear.
Technically, BNB remains bullish for now. Price is trading above MA(7), MA(25), and MA(99), while MA(7) continues trending upward as dynamic support near $657. RSI(6) is around 73, entering overbought territory, suggesting momentum is still strong but becoming overheated short term.
The key support zone is $662-$657. Holding above it could open the door for another push toward $680-$690. Losing it may trigger a short-term shakeout back toward $648-$635 to reset momentum and liquidity.
The market now feels less like panic and more like a confidence rebuild. The question is whether BNB is preparing for a real breakout, or just another liquidity trap before the next move.
BNBUSDT
Perp
685.2
+1.62%
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