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BNB price rebounds above $600, eyeing $618–$623 resistance amid improving momentum and potential short squeeze.

Technical Signals
10 Aug 2026
Crypto news
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Bullish
BNB price rebounds above $600, eyeing $618–$623 resistance amid improving momentum and potential short squeeze.

BNB price traded near $605 after reclaiming the key $600 level, supported by technical indicators like the 100-day moving average and a rising RSI of 65.15. Momentum is improving but volume remains thin, which may limit a strong breakout. Immediate resistance lies between $606 and $610, with liquidation clusters around $618–$623 potentially triggering a short squeeze if surpassed. Longer-term, BNB could target $780–$790 if it clears major resistance zones, but losing support below $594 would weaken the bullish outlook.

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