BNB Bullish Pennant - Target: $880Bullish pennant on BINANCE:BNBUSDT
Not Financial Advice
Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib)
We are very close to the pennant's convergence, so a breakout should be imminent.
Watch for a breakout of the resistance trendline (solid orange), as the target for a breakout would be a new ATH at around $880.
Expect some resistance in the $690 area, as that was the previous ATH.