Binance Coin (BNB) is back in the spotlight.
After a sharp drop toward $631.95, BNB made a strong recovery and is now trading around $646.93. The bounce was fast. The reaction was aggressive. Buyers did not hesitate.
But this isn’t just a normal recovery.
On the 15-minute chart, BNB recently touched a 24-hour high of $654.10 before pulling back slightly. The RSI is sitting near 72, signaling strong momentum — but also hinting the market may be entering a heated zone.
This is where markets make big decisions.
📈 If BNB breaks and holds above $654, bullish momentum could push it toward new short-term highs.
📉 If rejection continues near resistance, we could see another retest of the $640–$635 zone.
Volume activity shows traders are actively positioning. Over $366 million USDT volume in 24 hours reflects serious interest. When BNB moves, the Binance ecosystem reacts.
The structure tells a story:
Sharp dip
Strong bounce
Testing resistance
Now the market waits.
Is this accumulation before expansion?
Or a temporary relief rally before another shakeout?
Crypto never moves quietly.
And BNB is not a small player.
Smart traders manage risk.
Emotional traders chase candles.
The next few candles could decide the short-term direction.
One thing is certain —
BNB is awake.
