BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home Uncategorized

BNB Flirts With Breakout as Bulls Circle the Triangle’s Edge

by Drop Gorn
July 8, 2025
in Uncategorized
Reading Time: 3 mins read
A A
1
SHARES
10
VIEWS
Share on XShare in TelegramShare on Reddit
  • BNB’s forming a symmetrical triangle near the $660–$670 resistance zone.
  • Volume and price action hint at a possible breakout, but confirmation is still pending.
  • A move above $662 on strong volume could open up targets at $667+.

Binance Coin (BNB) is looking kinda itchy to move. After some choppy trading lately, it’s now cozying up near a critical resistance zone—right between $660 and $670. Traders are squinting at their charts, waiting to see if it’s about to pop or just fake everyone out again. With BNB being the heartbeat of Binance’s whole system, any spike could hint at what’s coming for the broader market too.

If buyer volume kicks in and that resistance cracks? We might see fireworks.

Price Pressures Mount Inside Tightening Triangle

So here’s the thing: BNB’s daily chart is shaping into a symmetrical triangle, which usually screams “big move coming.” You’ve got higher lows creeping upward, and the price is now hugging the upper trendline between $660 and $670.

According to some chart action posted by FOUR | Crypto Spaces, the setup is leaning bullish—just barely. Those higher lows mean the bulls aren’t backing off, and the pressure is building. But… a weak breakout without volume? It’ll probably flop.

After dipping under support for a moment, BNB bounced right off the $657.50 level. That quick rebound got people’s attention. Crypto Master 786 on X pointed out the retest and recovery as a bullish signal, which, yeah—makes sense.

Right now, BNB is squatting around $660–$662, just chillin’. If bulls can shove it above $662 with strong volume behind it, the next leg up might already be loading.

BNB coiling up for a big move! 🚀

This daily chart shows a symmetrical triangle forming, with price testing the upper resistance around $660 – $670.

As the backbone of the vast Binance ecosystem and BNB Chain, BNB's utility is undeniable.

A breakout here could lead to a… pic.twitter.com/7uAQWtgsTx

— FOUR | Crypto Spaces (@X_Four_iv) July 8, 2025

Trade Ideas Pile In as Breakout Beckons

As BNB hovers near the top of the triangle, traders are getting itchy trigger fingers. Entry zones between $660.00 and $660.80 are getting popular, with upside targets floating around $664 and $667.59. To stay safe, most folks are eyeballing a stop loss just below $657.59.

This is pretty much your classic mid-range reclaim setup. Price holds the zone, breaks resistance, and—bam—your reward-to-risk ratio tilts bullish. But the breakout’s gotta be clean. No lazy move, no fakeout. Volume will tell the truth.

Right now, the 24-hour trading volume is around $708 million. Not huge, not tiny. It’s enough to keep things interesting.

What’s Next for BNB?

BNB’s been unusually calm, almost too calm. At $660.69, it’s perched on the edge of something. With it being the engine behind both Binance’s exchange and the BNB Chain, a confirmed breakout here isn’t just about one coin. It could ripple across the space and stir up broader momentum.

But it needs conviction. Without volume? It’s just another failed attempt. Still—this triangle’s running out of room. A move is coming. Up or down? We’ll know soon enough.

TweetShareShare
Previous Post

XRP’s Breakout Faces a Big Test — Is This the Start of a Bigger Move?

DON'T MISS THESE! HOT OFF THE PRESS

XRP Trading Volume Skyrockets 56% in a Single Day. Ripple Bulls Gearing Up for a Major Push Toward the $3 Mark
CRYPTO

XRP Trading Volume Skyrockets 56% in a Single Day. Ripple Bulls Gearing Up for a Major Push Toward the $3 Mark

July 3, 2025
XRP at a Crossroads: Only Two Ways This Can Go
CRYPTO

XRP at a Crossroads: Only Two Ways This Can Go

June 20, 2025
TRON Breaks Resistance: Is a $1+ Move Coming?
Uncategorized

TRON Breaks Resistance: Is a $1+ Move Coming?

June 19, 2025
Solana Price Dips, But Optimism Grows for 2025 and Beyond
Uncategorized

Solana Price Dips, But Optimism Grows for 2025 and Beyond

June 16, 2025
Bitcoin Eyes Breakout as Traders Stay Cautious, Ethereum Heats Up
Uncategorized

Bitcoin Eyes Breakout as Traders Stay Cautious, Ethereum Heats Up

June 11, 2025
Analysts Believe XRP Could Be Headed Toward a $3 Breakout, But This Needs to Happen First
Uncategorized

Analysts Believe XRP Could Be Headed Toward a $3 Breakout, But This Needs to Happen First

June 9, 2025
Load More

Related News

BNB Flirts With Breakout as Bulls Circle the Triangle’s Edge

BNB Flirts With Breakout as Bulls Circle the Triangle’s Edge

July 8, 2025
XRP’s Breakout Faces a Big Test — Is This the Start of a Bigger Move?

XRP’s Breakout Faces a Big Test — Is This the Start of a Bigger Move?

July 8, 2025
SBI Lets You Buy Crypto with Credit Card Points — But There’s a Catch

SBI Lets You Buy Crypto with Credit Card Points — But There’s a Catch

July 8, 2025
Ethereum’s Looking Solid Under the Hood—But Price Still Won’t Budge

Ethereum’s Looking Solid Under the Hood—But Price Still Won’t Budge

July 8, 2025
Bitcoin Might Just Be Gold 2.0… And Central Banks Are Waking Up

Bitcoin Might Just Be Gold 2.0… And Central Banks Are Waking Up

July 8, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.