Trade active
BNB is demonstrating impressive resilience and a clear uptrend structure by consistently trading within a well-defined ascending channel. The price has recently bounced cleanly off the lower trendline of this channel, which acts as a dynamic support level. This bounce reinforces the strength of the current uptrend and suggests that buyers are actively stepping in. As long as BNB respects this channel, the path of least resistance remains upward, targeting the upper boundary of the channel.
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Related publications
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.