BNBUSDT has emerged from a falling channel and entered a phase of consolidation, with price action now coiling up for a potential breakout. The chart shows a series of higher lows, and the current structure is forming a bullish pennant. The price is holding above key support, and the technicals suggest that a move above 680 USDT could trigger a rally toward the 720–740 zone. As long as BNB remains above 620, the bullish scenario is favored, with momentum building for the next leg up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.