Technical Analysis:
BNBUSDT Trend Reversal
The trend has rebounded strongly at the Fibonacci 0.786 psychological zone, forming a compelling bullish chart pattern. Two confirmations signal an impending shift from a downtrend to a promising uptrend.
Fundamental Analysis:
Positive News Catalysts
Amidst SEC developments, Bitcoin ETF discussions, and the upcoming Bitcoin halving, all news indicators point to a favorable outlook for BNB. Despite considerations related to CZ, the overall sentiment suggests an imminent rally for Binance Coin.
