After the sharp selloff earlier this year, Binance Coin has been steadily building higher lows and compressing into a tightening structure near key resistance. Bulls are defending the mid-range aggressively, but price is now approaching a critical breakout area.
Key things standing out on the chart:
• Ascending trend structure remains intact
• Momentum is recovering after multiple resets
• Price is reclaiming short-term moving averages
• Heavy resistance sits overhead near the high-volume supply zone
• Major support below continues to hold from the macro trendline
If bulls can push through this resistance cluster with volume, the next leg of expansion could come fast. Rejection here, however, could send BNB back toward lower liquidity and support levels for another reset.
This is one of the cleaner compression setups in the market right now and worth watching closely over the coming weeks.
Are you bullish or bearish on Binance Coin from here? 👇
Key things standing out on the chart:
• Ascending trend structure remains intact
• Momentum is recovering after multiple resets
• Price is reclaiming short-term moving averages
• Heavy resistance sits overhead near the high-volume supply zone
• Major support below continues to hold from the macro trendline
If bulls can push through this resistance cluster with volume, the next leg of expansion could come fast. Rejection here, however, could send BNB back toward lower liquidity and support levels for another reset.
This is one of the cleaner compression setups in the market right now and worth watching closely over the coming weeks.
Are you bullish or bearish on Binance Coin from here? 👇
Check me out btdcrypto.com/links/
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Check me out btdcrypto.com/links/
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。