BNB Cup-n-Handle Breakout Coming
Updated
BNB has been forming Higher Lows on Daily Chart and still undergoing a week long accumulation, within the Handle of this cup.
Support level for this cup is 601-612 , that's where major accumulation is ongoing.
Confluences with Monthly Vwap as well.
On breakout, BNB will join the club with BTC and SOL that brokeout this month already.
I am expecting a larger rally towards targets 900-1100 , making a move of 60-120% from current price.
Disclaimer - Use your own analysis and do not rely on this trade idea alone.
Use risk management while engaging trades.
Support level for this cup is 601-612 , that's where major accumulation is ongoing.
Confluences with Monthly Vwap as well.
On breakout, BNB will join the club with BTC and SOL that brokeout this month already.
I am expecting a larger rally towards targets 900-1100 , making a move of 60-120% from current price.
Disclaimer - Use your own analysis and do not rely on this trade idea alone.
Use risk management while engaging trades.
Trade active
BNB futures trade partially taken profits, spot bag is also On for moon targets.
900-2400 is target for 2025 bullrun.
Disclaimer
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