BNB price analysis

BNB 

BNB $593

If the price rebounds off the uptrend line with force, the bulls will again try to push the BNB/USDT pair to the overhead resistance at $635. If this level is scaled, the pair will complete an ascending triangle pattern. This bullish setup has a pattern target of $775.

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On the contrary, if the price dives below the uptrend line, it will invalidate the bullish pattern. That could accelerate selling and sink the pair to $536 and subsequently to the vital support at $495.

by:https://cointelegraph.com/news/price-analysis-5-31-btc-eth-bnb-sol-xrp-doge-ton-shib-ada-avax

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