📊 Technical Analysis
● Price is respecting a fresh up-sloping channel; the last pull-back halted exactly at $644 support & the inner grey trend-line, printing a higher low and confirming the former wedge top as demand.
● Inside the channel price is carving a bullish pennant whose 1.618 swing meets the red $730-$735 resistance band and the long-term purple down-trend, while RSI holds above its mid-line—signalling persistent upside pressure.
💡 Fundamental Analysis
● BNB Chain’s June “Roll-ups” test-net cut L2 fees 90 %, boosting TVL, and Binance’s new Megadrop staking programme has pushed exchange outflows to a 4-month high, tightening circulating supply.
✨ Summary
Buy $645-$660; pennant break >$680 targets $705 → $730. Long bias void on a 16 h close below $604.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Price is respecting a fresh up-sloping channel; the last pull-back halted exactly at $644 support & the inner grey trend-line, printing a higher low and confirming the former wedge top as demand.
● Inside the channel price is carving a bullish pennant whose 1.618 swing meets the red $730-$735 resistance band and the long-term purple down-trend, while RSI holds above its mid-line—signalling persistent upside pressure.
💡 Fundamental Analysis
● BNB Chain’s June “Roll-ups” test-net cut L2 fees 90 %, boosting TVL, and Binance’s new Megadrop staking programme has pushed exchange outflows to a 4-month high, tightening circulating supply.
✨ Summary
Buy $645-$660; pennant break >$680 targets $705 → $730. Long bias void on a 16 h close below $604.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.