Must Buy Binance This Week ($BNB )
Binance’s native token BNB has gained 13.03% in the past seven days, showing a strong bullish trend. Volume Expected to Increase: As the cryptocurrency market heats up, Binance’s trading volume is expected to increase, especially as it dominates the centralized cryptocurrency exchange market. Technical Analysis Weekly Chart Recovery Rally: The recovery rally is under the shadow of the bearish engulfing candle that fell 15% in early July. However, BNB has recaptured the 50% Fibonacci level of $537 and is currently trading at $557. Key Support and Resistance: 50W EMA Support: As the altcoin rally finds support at the 50W EMA, the price uptrend may continue to levels above $800.
Technical Graphics Bullish: A string of bullish candles shows the market’s growing confidence in BNB, indicating that investors are optimistic about BNB’s prospects.
What's more, CZ is about to return: The imminent return of CZ, the former head of Binance, has injected new impetus into the market. With his outstanding leadership and market insight, CZ has led Binance to move forward steadily in the bear market. Investors are full of expectations for CZ's return and expect Binance to bring new market miracles this month.