BNB Price Forecast: 3 Key Charts to Watch as Binance Coin Retakes $620

BNB (BNB) underwent an impressive bounce this week due to signs of easing tensions between the US and Iran.

The Binance-associated token rose by over 5% to reach around $620 as of Thursday, as upside sentiments improved across the top crypto assets, including Bitcoin (BTC) and XRP (XRP).

But can this rally sustain in the short- and long-term? These three charts reveal the next potential trend BNB may follow.

BNB Four-Hour Chart: Rising Wedge Hints at Drop Toward $575–$600

BNB is flashing a bearish rising wedge pattern on the 4-hour chart, a setup that typically precedes a downside reversal when price breaks below its lower trendline.

The token is currently trading near the wedge’s upper boundary, around $620, while struggling to build momentum above key resistance.

If BNB breaks below the pattern support, the decline could extend toward the $575–$600 area, depending on the exact breakdown point.

That target aligns with a prior demand zone and horizontal support levels marked on the chart, making it a key area to watch in the coming sessions.

BNB Three-Day Chart: Potential Death Cross Echoes Past 50% Rally Setup

BNB is nearing a death cross on the three-day chart, with the 50-period EMA on track to slip below the 200-period EMA. While typically viewed as a bearish signal, historical price action suggests a more nuanced outcome.

The last time BNB printed a similar crossover in 2022, the move came after a prolonged downtrend, marking a phase where selling pressure was already exhausted. Instead of accelerating losses, the signal coincided with a trend bottom, followed by a roughly 50% rebound in the weeks that followed.

This happens because death crosses are lagging indicators; by the time they appear, much of the downside is often priced in. In such cases, they can reflect capitulation and seller exhaustion, allowing fresh demand to step in and drive a relief rally.

If the current setup follows a similar trajectory, BNB’s potential death cross could again act as a contrarian bullish signal, with its primary upside target sitting inside the $725–$750 zone.

BNB Weekly Chart: Bear Flag Keeps $400 Target in Play

BNB’s weekly chart is beginning to resemble the 2023 bear flag breakdown that preceded a deeper correction. This time, however, the token has staged a rebound after finding support at its 200-week EMA (blue) at around $565, which has slowed the immediate downside momentum.

That bounce is now pushing price back toward the flag’s lower trendline, which previously acted as support and may now flip into resistance.

If BNB fails to reclaim this level and turns lower, it would strengthen the case that the current move is only a retest within a broader bearish continuation setup.

Such a rejection would increase the likelihood of a renewed drop toward the 200-week EMA in the near term. Beyond that, the bear flag’s broader measured move target near $400 remains the main downside objective if the pattern plays out fully.