BNBUSDT on the 4h chart is showing a classic triangle after a strong move out of consolidation. The price is holding above 611 USDT, with each dip being bought up quickly. The coiling action suggests that volatility is about to return, and a breakout above 640 could see BNB test the 700–720 resistance zone. The technicals remain bullish as long as BNB holds above 611.
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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.