Price Pressure Builds: Can BNB Punch Through The Ceiling Or Will 640 Catch The Fall?

BNB finds itself at a pivotal moment as price action tightens between two critical technical zones. After a period of consolidation, the cryptocurrency is testing resistance near the 200-period moving average, hovering around the $653 mark. Meanwhile, support around the $640 level continues to hold firm, acting as a safety net for bulls trying to defend the current structure. 200 MA Acts As A Ceiling Against BNB Uptrend According to Thomas Anderson in a recent X post, the M15 BNB chart reveals that the price is currently testing resistance around the $651 source: https://www.newsbtc.com/analysis/bnb/bnb-price-pressure-builds/