BNB Rebounds After SFP Confirmation | $635 Resistance in FocusBinance Coin / TetherUSBINANCE:BNBUSDTThe_Alchemist_Trader_BNB price action has turned bullish after confirming a strong swing failure pattern (SFP) at the lows, triggering an impulsive rally toward a major resistance zone. Price is now approaching a key decision area that will likely determine the next directional move. Key Highlights: - Bullish SFP confirmation swept liquidity and initiated a short squeeze - Price approaching $635 resistance, aligning with 0.618 Fibonacci and Value Area High - Break above resistance opens upside toward $659 high timeframe resistance Following the SFP formation, BNB invalidated bearish continuation and reclaimed momentum, signaling that sellers were trapped at the lows. The resulting expansion has been impulsive, suggesting aggressive buyer participation rather than gradual accumulation. However, price is now testing a strong confluence resistance zone. After such a rapid rally, lower timeframe consolidation is the most likely scenario as the market builds equilibrium before continuation. A successful reclaim of $635 on a closing basis would confirm bullish strength and increase the probability of expansion toward $659 and beyond. Failure to break this region may lead to rejection, keeping BNB trading within the broader higher timeframe range between $659 resistance and $532 support. In that case, price could rotate back toward mid-range liquidity before the next attempt higher. From a technical perspective, price action, market structure, and liquidity dynamics all point to a critical inflection point. The SFP-driven rally is notable, but confirmation now depends on how price reacts at resistance.