BNBUSDT Downtrend channel Breakout
BNBUSDT has broken and closed above the downward channel, signalling a bullish trend. This movement suggests the market may be factoring in the potential release of CZ, which could further fuel a rise in price. The break above the $600 psychological level supports this bullish sentiment. However, a pullback toward the channel's upper border and the upward trendline is possible. Monitoring price action during this pullback will be key to confirming further upside potential. The target is the resistance zone around 660.0
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Website - rtedinvesting.com/
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
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.