*$BNB momentum & on-chain picture*: Weekly oscillators still lean bearish with MACD and ADX 21.16 showing seller dominance, while RSI at 39.18 keeps BNB in oversold-but-weak territory. The $594 level is the big line in the sand — it’s held 3 times since March and sits just above the psychological $600 round number. Volatility is moderate at 3.58%, so moves are grinding rather than explosive. Fundamentally, BNB Chain upgrades are targeting 20,000 TPS and the latest quarterly burn removed over $1B in supply, which is why long-range forecasts still point to $1,000-$2,000 by 2028-2030. Short-term though, BNB needs Bitcoin stability. If BTC reclaims $78,500, BNB likely tests $641-$650. If BTC slips under $75K, expect BNB to retest $594 and potentially $577.
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