BNB Breakout Alert: $650 in Sight?

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BNB Breakout Alert: $650 in Sight?BNBCRYPTO:BNBUSDMr_soul_BNB has shown signs of recovery on the 1-hour chart! 📈 After a prolonged downtrend and testing lower supports around $587–$590 (the dotted line zone), price has rebounded strongly from the recent low near $587.93 and broken above the horizontal resistance at ~$623 (black line at top of the recent range). Current price: ~$623–$630 USD (up ~4–5% in recent sessions based on live data; sources like CoinMarketCap ~$627–$629, CoinGecko ~$626, Binance ~$627, with 24h gains around +4–5%). The chart shows consolidation around $623–$627 with slight sideways action. Key resistance ahead: The upper horizontal at ~$630–$640 (previous highs in the visible range) – price is testing this area now. A decisive break above could target higher levels like $650+. Support below: The rebound held the $587–$600 zone well – this acted as strong demand area after the drop from $640 highs earlier in the chart. Momentum: Recent candles show bullish reversal with higher lows and breakout from the descending pressure. Volume appears supportive on the upside move, aligning with broader crypto rebound (BTC/ETH pumping). If BNB closes above $630 with conviction, it signals continuation higher toward $650–$700 resistance. However, rejection here could lead to re-test of $610–$623 or pullback to $600 support in case of fakeout. Bias right now: Short-term bullish as long as price holds above $620–$623. Watching for clean break of $630. What do you think – BNB joining the alt rally or more consolidation? Share below! 🚀