Binance Coin / TetherUS
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BNBUSDT - Price can bounce down from resistance area to $220

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Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊

A few days ago price entered to rising channel, where it reached $235 level, which coincided with resistance area.

After this, price exited from channel, broke this level, and started to trades inside flat, which it rose to next resistance level.

BNB failed and some time traded near $256 level in flat, but later price made strong upward impulse higher than this level.

Thereby price exited from flat and soon it bounced down to $235 level, making fake breakout of $256 level.

Also recently price broke $235 level too, and now BNB trades close to resistance area, so maybe price can rise to this area.

Then Binance Coin can bounce from resistance area and continue to decline to $220 level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️

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