🔍 Technical analysis:
BNBUSD is currently retesting a strong demand area, based on:
1️⃣ An upward trend line forms an important support.
2️⃣ A broken horizontal neckline within a large ascending triangle pattern, enhancing the possibility of an upside.
💡 It also supports time and price cycles, which increases the signal strength.
📊 Expectations:
Level 1: Target November high at 660.
Level 2: Continuation towards 700 with positive momentum remaining.
🕒 Time frame: Daily.
📌 Recommendation: Watch the price action at these levels, and make sure to follow a risk management strategy.
💬 What do you think? Do you see BNB achieving these goals soon?
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