Binance Square
LIVE
LIVE
fulldeg
Bullish
--12.5k views
$BNB on a 4-hour timeframe is currently consolidating within a symmetrical triangle pattern, suggesting an imminent breakout. The price is hovering around the 25-period SMA, indicating a lack of strong directional momentum, while volume remains low. Key levels to watch are the immediate support at 570 USDT and resistance at 576 USDT, with a significant resistance at 618 USDT. A breakout above the upper trendline could propel the price towards new highs, whereas a breakdown below the lower trendline might lead to a decline towards the 500-520 USDT range. Traders should look for a decisive move with strong volume to confirm the next significant direction.

$BNB on a 4-hour timeframe is currently consolidating within a symmetrical triangle pattern, suggesting an imminent breakout.

The price is hovering around the 25-period SMA, indicating a lack of strong directional momentum, while volume remains low.

Key levels to watch are the immediate support at 570 USDT and resistance at 576 USDT, with a significant resistance at 618 USDT.

A breakout above the upper trendline could propel the price towards new highs, whereas a breakdown below the lower trendline might lead to a decline towards the 500-520 USDT range.

Traders should look for a decisive move with strong volume to confirm the next significant direction.



Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 2
Quote 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@fulldeg

Explore More From Creator

--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs