After falling from the support level of $500.0, #BinanceCoin reached the support level of $400.0 and recovered and is now trading above both levels.
As you can see in the chart, a dynamic resistance still prevents #BNBUSDT growth, so in the first step, crossing and breaking this resistance can be a sign of the continuation of the upward trend in the daily time frame.
So far, BNBUSDT has hit the dynamic resistance 2 times and failed to break it, these collisions may reach up to 5 times and then the price will start to grow. The current price movement scenario is between the $400.0 support and the dynamic resistance.
As you can see in the chart, a dynamic resistance still prevents #BNBUSDT growth, so in the first step, crossing and breaking this resistance can be a sign of the continuation of the upward trend in the daily time frame.
So far, BNBUSDT has hit the dynamic resistance 2 times and failed to break it, these collisions may reach up to 5 times and then the price will start to grow. The current price movement scenario is between the $400.0 support and the dynamic resistance.
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Turn your attention to #BNBUSDT, as it's navigating an intriguing path in the market. The asset is showing a robust potential for an upward trend from its current demand zone.
An in-depth look at #BNB's recent market activities reveals a upward trajectory. Having met resistance at $640.00and then retracing, BNBis now gearing up for a potential bullish rise from the demand zone at $690.
An in-depth look at #BNB's recent market activities reveals a upward trajectory. Having met resistance at $640.00and then retracing, BNBis now gearing up for a potential bullish rise from the demand zone at $690.
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