BNB surges out of a falling-channel base, then prints twin consolidation pennants that keep hugging an accelerating support rail near 640 USDT. Friday’s fresh thrust through the pennant roof drags price back inside the long-term rising wedge, opening a measured path toward the 720-740 resistance shelf. As long as the inner trendline at 630-635 holds, momentum traders can lean on the channel mid-line; a daily close below 600 would defer—but not defeat—the bullish thesis. Trade active
BNB snapped a year-long down-sloping wall and reclaimed the 635 neckline, converting it to support. Price is retesting from above via a shallow rectangle; defend 630-640 and the path toward 720-760 extension levels stays clear. A drop under 600 would merely postpone upside ambitions. 
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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.