#BNB/USDT ANALYSIS

BNB has broken out of a descending broadening wedge pattern and is currently retesting the breakout level. The Ichimoku Cloud is acting as resistance above the current price action.

A successful retest of the pattern, followed by a breakout above the Ichimoku Cloud, would confirm a bullish reversal. However, if the retest fails, the price may continue to move within the pattern.