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BNB trading volume jumps 75% but price momentum stalls at $617 resistance level.

Technical Signals
17 Aug 2026
AMBCrypto
View Source
Neutral
pluang ai news

Binance Coin (BNB) saw a significant 75% increase in daily trading volume, driven by whale activity withdrawing over 20,000 BNB worth $12.1 million. Despite this surge, BNB's price momentum slowed near the $617 resistance, with technical indicators showing weak upward strength. If BNB falls below $597, it could trigger further selling and a continuation of the bearish trend that started in 2025. Conversely, a breakout above $620 could push prices up to the $666-$701 range, though this scenario appears less likely due to limited buying pressure.

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