$BNB /USDT: Binance Coin Breaks Resistance, Bullish Reversal ImminentBinance Coin (BNB) has successfully breached its local descending resistance line, initiating a retest from above. Technical analysis reveals:- Inverse Head and Shoulders (IH&S) pattern formation, indicating bullish reversal potential.
- Descending resistance turned support.Catalysts:- CZ's token release, as a major $BNB holder, may amplify bullish sentiment.
- Increasing buy-side volume.Price Targets:- Short-term: $615
- Medium-term: $658
- Long-term: $710Technical Indicators:- RSI: 54 (neutral-bullish)
- MACD: Converging lines (potential bullish crossover)Strategic Analysis:- Successful retest of descending resistance confirms bullish trend.
- IH&S pattern breakout could propel BNB upward.
- CZ's token release may inject
