BNB Price Eyes Breakout: Targets $592 Resistance amid Recovery Wave

BNB price started its recovery from the $550 support level, showing early positive indicators. The price is consolidating above $575, sitting comfortably above the 100-hourly simple moving average. A short-term rising channel with immediate support at $578 is forming on the BNB/USD hourly chart. Explore BNB’s recent price dynamics as it attempts to break resistance

Source: CoinOtag