🚨🚨#CryptocurrencyLaunch Update: $BNB 🚨🚨
Looking at the daily chart, the uptrend looks strong and bullish. However, when we zoom in on the weekly view, it's uncertain if #BNB will reach its all-time high (ATH) just yet. Based on my analysis and experience, I anticipate a final push towards the main weekly resistance zone (ATH), followed by a likely rejection and a period of consolidation at lower levels. For a true price discovery phase, we need to see the price close above $660 on a weekly basis.
To sum up:
- Short-term outlook: Bullish, targeting $670 - $680 📈
- Expectation of a significant rejection at the triple top resistance zone on the weekly chart, leading to a new consolidation phase 📉
Key levels are highlighted on the chart. Take it step by step. #CryptocurrencyAnalysis #BNBMarketUpdate #BullRun2024