BNB Price Stalls Below $700: Is a Surge Around The Corner?

Description

BNB price is consolidating near the $700 support zone. The price is showing a few bearish signs but the bulls might remain active near the $672 support. BNB price is struggling to clear the $720 resistance zone. The price is now trading below $700 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $696 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $672 level to start another increase in the...