Part 7
A BNB that settles above $692 will also drag altcoins
BNB also looks quite strong. BNB, which passed the purple zone as of March 2024 and took this zone as support, has been one of the products that managed to survive in the choppy sea while the altcoin market was shaking in the last 6-7 months. As long as it stays above the purple zone ($450), the adjective “strong” suits BNB very well. The $625-$626 range forms the lower band of the yellow major resistance zone. BNB has come very close to this range again in the past weeks. A BNB that settles above the $680-$692 range will be a signal that the altcoin market can also take a new step upwards.
