BNB is currently consolidating near $663.19, just below its recent swing high of $678. This move followed a clean breakout above the $620 resistance zone, driven by increased volume and trendline confluence. On the 4-hour chart, previous resistance zones now support price action, particularly at $643 and $617, which align with key Fibonacci levels. 2023’s BNB rally began after it broke through a half-Fibonacci retracement from the March high ($645), reaching the 0.382 Fib at $678 before encountering short-term resistance. Price is currently attempting to stabilize within this support zone. The daily chart shows a series of higher lows since April 13th, and price trades well above its descending trendline from March.