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BNB holds above $594 support, eyes $618–$623 resistance; Baiya Group adds $3M in strategic BNB buys.

Technical Signals
12 Aug 2026
Blockonomi
View Source
Bullish
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Binance Coin (BNB) remains in a bullish trend as it trades above the key support level of $593.86, targeting resistance between $618 and $623. Technical analysis shows a bullish RSI divergence, but the outlook depends on maintaining support above $594 and breaking past $610. Market volume is low, which may challenge further gains. Meanwhile, Chinese HR tech firm Baiya International Group has completed $3 million in strategic BNB purchases as part of its long-term digital asset plan, signaling institutional confidence in BNB's potential.

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