BNBUSD Poised for Breakout: $700 in Sight or Pullback Looming?
I am eyeing a potential breakout if BNB closes above $620 on the daily timeframe. This decisive move could ignite a bullish run, anticipating a surge towards $700.
However, caution is warranted. Failure to breach the $620 resistance could lead to a pullback. Predicting a potential decline to the $580-$550 support zone if a breakout fails to materialize.
Important: DYOR before trading and investing.
However, caution is warranted. Failure to breach the $620 resistance could lead to a pullback. Predicting a potential decline to the $580-$550 support zone if a breakout fails to materialize.
Important: DYOR before trading and investing.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.