$BNB is showing some exciting technical signs that could signal a potential price surge!

Recent analysis points to a Bullish Pennant forming on the 2-hour timeframe chart. This pattern often indicates a continuation of an upward trend, which is great news for traders and investors.

Here's the breakdown:

The chart displays a consolidation phase where the price forms a symmetrical triangle between converging trendlines.

This typically follows a significant price increase.

Historically, Bullish Pennants tend to resolve in the direction of the preceding trend - which for BNB, is upwards!

If BNB breaks out of this pennant, we could see a substantial bullish rally.

Are you keeping an eye on BNB?

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