Binance Coin (BNB)Binance Coin / TetherUSBINANCE:BNBUSDTCryptoSanders9563Binance Coin (BNB) Binance Coin is up 4% this week after buyers managed to take it above the support at $580. As long as this key level holds, bulls have the upper hand, and they may be aiming for $690 next, which is the key resistance. At the time of this post, the ongoing uptrend is still early, and sellers could at any time reverse it. Therefore, best to wait for a confirmation of this breakout to avoid a bull trap scenario. Looking ahead, BNB could continue to consolidate between $580 and $690. If so, the drop under $580 could be interpreted as a short-term deviation in the price action.