Could Binance Coin’s $1 Billion Inflow Trigger a Year-End Bull Run?
With rumors of CZ's comeback stirring excitement, Binance Coin could be on the verge of a major rally. BNB is trading at $542, gaining 2.41% in 24 hours, with bulls defending key support at $470. The coin is approaching $575 resistance, and a breakout could push it above the 200DMA.
RSI is climbing, indicating momentum, while the MACD shows strong bullish signals backed by high volumes from the $1 billion influx. With a target of $575 (+6%), BNB's risk-reward ratio of 1.68 suggests a promising entry point for investors.
