BNB Completes Wyckoff Pattern Phases: New Highs Possible?
Binance Coin (BNB), the fourth-largest crypto by market cap, is following the Wyckoff pattern, suggesting a new accumulation phase soon, according to analyst MartyParty. This technical indicator shows BNB has completed three key phases, potentially avoiding a major correction.
Currently trading between $465 and $610, a breakout above $610 could signal a trend reversal, with the potential to reach its all-time high of $720. Recent gains of 11.81% in 30 days show bullish momentum, but BNB needs more buying volume to push higher.
If buying pressure increases, BNB could see further upward movement.
#Binance #Write2earn #MarketSentimentToday #BNB #Uptober $BNB