BNB — Downtrend line shattered; retest formed a tight rectangle just above 635 neckline. Strong consolidation over rising support signals intent to reach the 720-760 extension zone marked atop former range. Bulls must guard 600-610 to preserve breakout psychology.Trade active
A decisive break from a long falling channel catapulted
BNB, which is carving orderly consolidation steps inside a rising wedge. Holding above 700 keeps bullish traction alive and positions price to pursue the 740 target.
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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.