🚨 ANALYSIS REPORT 🚨

After dropping from the $500.0 #supportlevel ,#binancecoin found support at $400.0, rebounded, and is currently trading above both levels.

As shown in the chart, a dynamic resistance level is still restricting #BNBUSDT upward movement. A breakout above this resistance would be the first indication of a potential continuation of the upward trend on the daily chart.

To date, $BNB has tested this dynamic resistance twice without success.

The price may attempt up to five tests before breaking through and continuing to rise. Currently, the price action remains confined between the $400.0 support and the dynamic #resistance .