BNB price breaks $600, can bulls trigger a rally to $635?

1 week ago 21



BNB price traded near $605 on Aug. 10 after reclaiming the psychological $600 level, with improving momentum and nearby liquidation clusters raising the prospect of another short squeeze. Summary BNB price traded at $605, slightly above its 100-day moving average near $604.85. Daily RSI climbed to 65.15, showing stronger demand without entering overbought territory. 4-hour Supertrend support rose to $593.86, making $594–$600 the key defense zone. Liquidation data shows concentrated short exposure around $618–$623, with downside liquidity near $598. BNB reclaims $600 after its July recovery According to data from crypto.news, BNB (BNB) price extended its recovery on Aug. 10, trading around $605 after reaching an intraday high near $606.84. The token has now moved above $600, a level that repeatedly limited gains during the previous sessions. The daily chart shows BNB recovering from a late-June low near $540. Buyers gradually returned through July before accelerating the move during the first 10 days of August. The price has gained roughly 12% from the June bottom and is attempting to establish a higher-high structure. BNB price daily chart — Aug. 10 | Source: crypto.news Momentum h...

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