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BNB's Bullish Momentum: Will $603 Trigger a Surge to $650?
BNBUSDT Perpetual Contract
Long
BNB's Bullish Momentum: Will $603 Trigger a Surge to $650?
By Trade-Lean
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May 10, 2024
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May 10, 2024
BNB still resides in the bullish zone in the H4 chart.
1. A bullish breakout of $603 sets Binance Coin on course for the $619 region, possibly prompting a temporary pullback.
2. A strong rejection of $590 steers the price towards $619, potentially extending to $646-$658.
3. Inability to sustain price action above $590 may induce sluggishness and choppiness.
Please find more details in the signature!
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