BNB/USDT 4H Chart: Rising Channel with Fractal Vibes!

13 במאי

Hey traders! Binance Coin is showing some promising action that’s got me on the edge of my seat!

We’ve got a clear rising channel in play, with BNBUSDT moving beautifully in sync with a fractal line pattern shown above the chart — mirroring past price behavior like a roadmap! BNBUSDT is currently trading at $650, I think price will continue bouncing between the channel’s support at $620-$600 and move upwards to the key resistance target at $700-$720. A breakout above this resistance could send BNB soaring to new highs, potentially targeting $800 or beyond!

However, if BNB fails to break through, we might see a pullback to the channel support at $620-$600.



Key Levels to Watch:

Resistance: $700-$720
Support: $620-$600
Breakout Target: $800+
Breakdown Risk: $600

Is BNB about to blast through $720, or will it retreat below support? Let’s hear your thoughts below!

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