BNB/USDT 1D Long Time
BNB is fighting to break out of the falling channel on top, it is currently struggling with the upper limit of a specific channel, as you can see, breaking out of the downtrend line with the top gave a strong upward signal.
Resistance lines are visible just above the upper border of the downtrend channel, while the next significant resistance levels are $666 and $724.
However, if the price is rejected and we experience declines again, we can see the first support zone from $564 to $544, then we have support at $509, and then the second very strong zone from $486 to $454.
Resistance lines are visible just above the upper border of the downtrend channel, while the next significant resistance levels are $666 and $724.
However, if the price is rejected and we experience declines again, we can see the first support zone from $564 to $544, then we have support at $509, and then the second very strong zone from $486 to $454.
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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.