Binance Coin / TetherUS
Long
Updated

BNB: Poised to Resume Bullish Trend

564
BNB Poised to Resume Bullish Trend

Since February 13, BNB has experienced a month-long decline, entering a clear 4-hour bearish trend. However, the price appears to have completed a "Descending Channel" pattern, signaling a potential shift.

Currently, BNB is demonstrating renewed strength. A decisive move above the descending channel could propel BNB upwards, with an initial target of 625 and a secondary target of 670.

You may watch the analysis for further details!
Thank you:)
Trade closed: target reached
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