BNB was uptrend for a while but then broke the trend when it closed below the 416 Support. Now MFI on the hourly is in a buying zone. I expect a right leg up to 430. From there it can either continue to go up breaking 440 and form a new uptrend or reverse and follow a H&S pattern. Right now I would go long with a sl at 405.
Happy trading!!
((Not a financial advice. Trade at your own risk))
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.