BNB Price Prediction for May 11: Can the Rally Sustain Above $660?

After breaking out from its mid-April range, the BNB price today is consolidating near $663.19, just below the recent swing high of $678. This move was triggered by a clean breakout above the $620 resistance zone, supported by increased volume and trendline confluence. On the 4-hour chart, BNB has flipped previous resistance zones into support, particularly at $643 and $617, both of which align with key Fibonacci levels.

The rally began after BNB broke through the 0.5 Fib retracement from the March high ($645) and reached the 0.382 Fib at $678, where it faced short-term rejection. Price is currently attempting to stabilize within this Fib pocket. Daily structure shows a series of higher lows since April 13, and price is now trading well above its descending trendline from March.

BNB Price Today: Indicators Flash Bullish but Overheated

On the 4-hour timeframe, the BNB price action remains bullish with all major EMAs (20/50/100/200) stacked in ascending order. The 20-EMA sits at $649.34 and has consistently held as dynamic support during minor dips. The 50-EMA at $630.42 forms seco…

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