🔥 BNB Reached Key Area: Bullish Break Out Or Continue Bear?

By FieryTrading
Around a month ago I made an analysis on BNB and the bearish channel it was trading in. As expected, BNB did indeed bounce and is now closing in rapidly on the top resistance area.

🔥 BNB Bullish Reversal: Pump Incoming?


Coming days are going to be very important. In case of a daily candle close above the resistance, expect further bullish pressure. In case of a rejection (combined with a bearish BTC), we can expect further selling to occur.

Ideally, in both directions, we get a big candle with a lot of volatility. Big candles around key areas are better confirmations of the short-term direction.
Chart PatternsTechnical IndicatorsTrend Analysis
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