📢BNB's 4-Hour Time Frame Analysis📊

Following a breach below the established trend line, the market is currently advancing towards a retest of the control point from the previous consolidation phase. This level is critical as it represents a significant area of price agreement. Once this retest is achieved, we anticipate a corrective movement to the upside, driven by renewed buying interest. This upward correction is likely to target the 0.618 Fibonacci retracement level, a key technical indicator that often signals strong support and resistance zones. Achieving this retracement level is expected to generate enough momentum to trigger another breakout above the trend line, potentially leading to a sustained upward movement🚀

🔍Crypto Scouts analytics team

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