BNB-USDT(Symmetrical Triangle Breakout)
Binance is the talk of the town and is trading near its all-time highs fueled by ~$595 Mn token burn. The insignificant growth of the DeFi protocols on Binance smart chain has also contributed to push the BNB price higher.
On Daily Time Frame, Binance has been trading in a Symmetrical Triangle and has given a fresh breakout from its resistance level of $600.
Key Levels to watch out for:
The breakout is most likely to trigger the prices higher to the levels of $745.
The support to the lower side is present at $580.
On Daily Time Frame, Binance has been trading in a Symmetrical Triangle and has given a fresh breakout from its resistance level of $600.
Key Levels to watch out for:
The breakout is most likely to trigger the prices higher to the levels of $745.
The support to the lower side is present at $580.
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