BNB: Recovery Builds, but Resistance Still LoomsBinance Coin / TetherUSBINANCE:BNBUSDTDukesMarketAnalysisRecovery Continues to Improve BNB has continued to recover from its July lows, reclaiming the $580 support zone and extending its recent sequence of higher lows. The latest advance suggests buyers are gradually regaining confidence after the sharp June decline. Support Holding for Now The former $580 resistance area is now acting as support, with price so far respecting this level on the latest pullback. Holding above this zone would keep the short-term recovery intact. Next Resistance Comes Into View The next important hurdle sits around $630, where previous rallies have repeatedly stalled. A decisive break and close above this level would strengthen the bullish case and mark another important improvement in market structure. Moving Averages Turning Higher The 100/50-Day EMAs remain bearishly crossed, but both averages have started to climb as price trades back above them. While encouraging, the broader trend has yet to fully shift in favour of the bulls. In Summary BNB continues to build on its recovery, with the successful reclaim of $580 providing an encouraging technical development. However, the more significant test still lies ahead around $630, where previous rallies have repeatedly failed. A break above that resistance would further strengthen the recovery, while a loss of the $580 support zone would be the first indication that sellers are beginning to regain control.