BNBUSDT just cleared a multi-week wedge resistance, signaling a bullish breakout above $635. The price is now poised to retest the upper channel boundary near $700–730. If bulls maintain momentum, this breakout could mirror prior impulsive legs higher, especially following similar consolidation patterns earlier this year.Trade active
BNBUSDT has bounced from the lower consolidation border near 640 and is pushing higher in a continuation pattern. The structure mirrors past breakouts from triangle and choppy ranges, potentially targeting 675 in the next bullish leg.
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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.