$BNB IS TESTING A MAJOR RESISTANCE ZONE! WHY?
Looking at the chart, BNB has recovered strongly from the 540–560 support area. However, the 610–620 zone is acting as strong resistance.
There doesn't appear to be enough momentum for a clean breakout yet.
For this reason, the market may continue moving sideways before the next major move.
My expectation is that it will break above 620 before continuing higher.
Looking at the chart, BNB has recovered strongly from the 540–560 support area. However, the 610–620 zone is acting as strong resistance.
There doesn't appear to be enough momentum for a clean breakout yet.
For this reason, the market may continue moving sideways before the next major move.
My expectation is that it will break above 620 before continuing higher.