BNB Price Eyes $600 Milestone: Will Bulls Break The Barrier?

BNB price started a steady increase above the $550 resistance. The price is now consolidating and might aim for more gains above $585.BNB price started a decent upward move from the $500 support zone.
The price is now trading above $550 and the 100-hourly simple moving average.
There is a connecting bullish trend line forming with support at $572 on the hourly chart of the BNB/USD pair (data source from Binance).
The pair could extend its increase if it clears the $588 resistance in the near ter