$BNB Update


BNB is finally pushing into a major resistance zone after holding that higher low structure for the past few weeks. Price is now testing the descending trendline along with the 200 MA, making this a very important area to watch.
The recent bounce from support was strong, but now the real test begins. A clean breakout and close above this resistance zone could shift the momentum bullish and open the door for a bigger move up.
At the same time, this area has rejected price multiple times before, so if buyers fail to break through, we could easily see another pullback from here.
Right now, BNB is at a key decision point. Watch the reaction around this resistance closely, because it will likely decide the next major move.
DYOR, NFA
#BNB
BNB-0.52%
DYOR1.22%
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