This 4-hour chart of Binance Coin (BNB) showcases a potential breakout scenario based on Fibonacci retracement levels and key resistance points. The price is currently testing critical resistance near $631, with a potential move toward the 0.236 Fib level ($681) and an ultimate target of $727.
The yellow moving average suggests a dynamic support level, while the drawn trendlines indicate a bullish reversal pattern. Will BNB hold support and push higher? Let me know your thoughts in the comments! 🔥📉📈
#BNB #CryptoTrading #TechnicalAnalysis #BinanceCoin
The yellow moving average suggests a dynamic support level, while the drawn trendlines indicate a bullish reversal pattern. Will BNB hold support and push higher? Let me know your thoughts in the comments! 🔥📉📈
#BNB #CryptoTrading #TechnicalAnalysis #BinanceCoin
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