BNB price has experienced a significant surge, surpassing the $250 resistance level. Currently, it is trading above $255 and the 100 simple moving average (4 hours). A bullish trend line has formed with support at $253.5 on the BNB/USD pair’s 4-hour chart. If the price continues to rise and breaks above $268, it could potentially reach $280 and even $300. On the other hand, if BNB fails to clear the $265 resistance, a downside correction may occur. Initial support is at $260, followed by $255 and $253. The MACD indicator shows bullish momentum, and the RSI is above the 50 level. Overall, BNB’s price movement suggests a positive trend, with resistance levels at $265, $268, and $280, and support levels at $260, $255, and $253.