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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𝗔𝗥𝗧𝗘𝗠 𝗖𝗥𝗬𝗣𝗧𝗢 | 𝗦𝗶𝗻𝗰𝗲 𝟮𝟬𝟭𝟴
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
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.