Over the past 12 hours, Binance Coin (BNB) has maintained its upward trajectory, currently trading at around $600 . This surge comes as the broader cryptocurrency market experiences renewed bullish sentiment. BNB's current Relative Strength Index (RSI) is around 61 , indicating that while it's approaching overbought territory, there is still room for additional gains​ ( cryptonewsz ​ Crypto) (Futures Market Data ).
BNB has encountered strong support around the $580 to $590 range, with resistance expected near $620 and $660 . Analysts predict that if BNB breaks through these resistance levels, it could test the upper end of its current range by the end of October (​ cryptonewsz ) (​ Investing.com ).
Technical indicators such as the 50-day and 200-day moving averages remain bullish, supporting a continued uptrend. However, traders are cautioned to watch for any pullback toward the $580 support level , as breaking below this could signal a correction​ ( Crypto Futures Market Data ).