Hey traders! Binance Coin is showing some promising action that’s got me on the edge of my seat!
We’ve got a clear rising channel in play, with BNBUSDT moving beautifully in sync with a fractal line pattern shown above the chart — mirroring past price behavior like a roadmap! BNBUSDT is currently trading at $650, I think price will continue bouncing between the channel’s support at $620-$600 and move upwards to the key resistance target at $700-$720. A breakout above this resistance could send BNB soaring to new highs, potentially targeting $800 or beyond!
However, if BNB fails to break through, we might see a pullback to the channel support at $620-$600.
Key Levels to Watch:
Is BNB about to blast through $720, or will it retreat below support? Let’s hear your thoughts below!
We’ve got a clear rising channel in play, with BNBUSDT moving beautifully in sync with a fractal line pattern shown above the chart — mirroring past price behavior like a roadmap! BNBUSDT is currently trading at $650, I think price will continue bouncing between the channel’s support at $620-$600 and move upwards to the key resistance target at $700-$720. A breakout above this resistance could send BNB soaring to new highs, potentially targeting $800 or beyond!
However, if BNB fails to break through, we might see a pullback to the channel support at $620-$600.
Key Levels to Watch:
Resistance: $700-$720
Support: $620-$600
Breakout Target: $800+
Breakdown Risk: $600
Is BNB about to blast through $720, or will it retreat below support? Let’s hear your thoughts below!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.